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In This Volume

  • 6.8 (1) For the purposes of section 107(1) of the Act, the maximum rate of interest that a strata corporation may set out in its bylaws for the late payment of strata fees is 10% per annum compounded annually.
  • (2) For the purposes of section 108(4.1) of the Act, the maximum rate of interest that a strata corporation may establish under that section is 10% per annum compounded annually.

[am. B.C. Reg. 312/2009, s. 2.]