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In This Volume

  • 295 (1) The assurance fund existing in the Provincial Treasury is continued for the purposes of this Part, and together with all sums accrued or accruing on it must be invested by the minister charged with the administration of the Financial Administration Act in securities approved by the Lieutenant Governor in Council.
  • (2) If at any time the assurance fund is reduced to an amount below the sum of $50,000 by payment of claims or otherwise, sufficient money must be paid into the fund out of the consolidated revenue fund to maintain the fund at not less than $50,000.

1979-219-275; 1981-15-120, proclaimed effective November 26, 1981; 2003-66-45; 2004-66-119, effective January 20, 2005 (B.C. Reg. 16/2005).

CROSS REFERENCES AND OTHER SOURCES OF INFORMATION

See Di Castri, Registration of Title to Land, vol. 3, §22:3.