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284 Application For Court Order To Wind Up Strata Corporation

In This Volume

  • 284 (1) An owner, a mortgagee of a strata lot or any other person the Supreme Court considers appropriate may apply to the Supreme Court for an order winding up the strata corporation.
  • (2) On application by a person referred to in subsection (1), the court may make an order appointing a liquidator to wind up the strata corporation.
  • (3) In determining whether to make an order under subsection (2), the court must consider
  • (a) the best interests of the owners, and
  • (b) the probability and extent, if the liquidator is appointed or not appointed, of
    • (i) significant unfairness to one or more
      • (A) owners,
      • (B) holders of registered charges against land shown on the strata plan or land held in the name of or on behalf of the strata corporation, but not shown on the strata plan, or
      • (C) other creditors, and
    • (ii) significant confusion and uncertainty in the affairs of the strata corporation or of the owners.

1998-43-284, effective July 1, 2000 (B.C. Reg. 43/2000); 2015-40-54, effective July 28, 2016 (B.C. Reg. 206/2016).