276 Application Of The Business Corporations Act To Voluntary Winding Up Of Strata Corporation

276 (1) Except as otherwise provided in this Act and the regulations, the provisions of the Business Corporations Act that apply to a voluntary liquidation of a company apply to the voluntary winding up of a strata corporation with a liquidator and, for that purpose,

• (a) a reference to “registrar” in the Business Corporations Act as it applies for the purposes of this Act must be read as a reference to the registrar as defined in this Act,
• (b) a reference to “commencement of the liquidation” in the Business Corporations Act as it applies for the purposes of this Act must be read as a reference to the date on which the unanimous resolution referred to in section 277 of this Act is passed, and
• (c) a requirement in the Business Corporations Act as it applies for the purposes of this Act that documents must be filed with the registrar must be read as a requirement that the documents must be filed in the land title office.

• (2) Division 10 of Part 10 and section 324 of the Business Corporations Act do not apply to the voluntary winding up of a strata corporation with a liquidator.
• (3) A person commits an offence who contravenes section 327(2) or 335 of the Business Corporations Act as it applies for the purposes of this Act and sections 428 to 430 of the Business Corporations Act apply in relation to those offences.

2003-70-293, effective March 29, 2004 (B.C. Reg. 64/2004).