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271 On and after the date the registrar deposits the reference or explanatory plan,

  • (a) the amalgamating strata corporations are amalgamated and are continued as one strata corporation under the name endorsed on the amalgamation agreement,
  • (b) the amalgamated strata corporation is seized of, and holds and possesses, the property, rights and interests and is subject to the liabilities and obligations of each amalgamating strata corporation,
  • (c) the bylaws of the amalgamated strata corporation are the Standard Bylaws except to the extent that different bylaws have been filed with the registrar under section 269, and
  • (d) each owner in each amalgamating strata corporation is bound by the terms of the amalgamation agreement.

1998-43-271, effective July 1, 2000 (B.C. Reg. 43/2000).