269 Amalgamation

• 269 (1) Two or more strata corporations may amalgamate by entering into an amalgamation agreement that contains

• (a) the terms and conditions of the amalgamation, and
• (b) the bylaws that will apply to the proposed amalgamated strata corporation.

• (2) The amalgamating strata corporations must proceed as follows:

• (a) a resolution approving the amalgamation agreement must be passed by each of the amalgamating strata corporations by a 3/4 vote at an annual or special general meeting;
• (b) an application to amalgamate the strata corporations must be made to the registrar accompanied by
  • (i) the amalgamation agreement,
  • (ii) a reference or explanatory plan, whichever the registrar requires, that
    • (A) consolidates the strata plans into a single strata plan,
    • (B) complies, as far as the registrar considers necessary, with sections 244 and 245, and
    • (C) is in a form required under the Land Title Act for a reference or explanatory plan,
  • (iii) a new Schedule of Unit Entitlement that meets the requirements of section 246, together with evidence of the superintendent’s approval if the approval is required,
  • (iv) if a Schedule of Voting Rights has been filed with the superintendent, a new Schedule of Voting Rights that meets the requirements of section 247 or 248, together with evidence of the superintendent’s approval if the approval is required,
  • (v) a Certificate of Strata Corporation in the prescribed form from each strata corporation, stating that the resolution referred to in paragraph (a) has been passed and that the reference or explanatory plan and the new Schedule of Unit Entitlement and any new Schedule of Voting Rights conform to the amalgamation agreement, and
  • (vi) any bylaws of the amalgamated strata corporation that differ in any respect from the Standard Bylaws.

1998-43-269, effective July 1, 2000 (B.C. Reg. 43/2000); 2007-14-191, effective December 1, 2007 (B.C. Reg. 354/2007).