Skip to main content

In This Volume

  • 239 (1) An instrument that contains a floating charge on land must not be registered unless
  • (a) it is attached as a schedule to an approved form of mortgage where, in addition to the floating charge, the instrument also creates a mortgage of specific land, or
  • (b) [Not in force].
  • (2) In the circumstances described in subsection (1)(a), the parties must, in the manner approved by the director, indicate that the mortgage contains a floating charge.

1979-219-219.92; 1989-69-26, part effective April 1, 1990 (B.C. Reg. 53/90) [1989-69-26, the portion enacting s. 219.92(1)(b) and (3) not in force.]; 2004-66-98 and 2004-66-111, effective January 20, 2005 (B.C. Reg. 16/2005).