Skip to main content

In This Volume

  • 94 (1) In this section, “qualified person” has the meaning set out in the regulations.
  • (2) Subject to the regulations, a strata corporation must obtain from a qualified person, on or before the dates determined in accordance with the regulations, a depreciation report estimating the repair and replacement cost for major items in the strata corporation and the expected life of those items.
  • (3) [Repealed 2020-16-4, effective July 1, 2024 (B.C. Reg. 88/2024)].
  • (4) A depreciation report referred to in subsection (2) must contain the information set out in the regulations.

2009-17-15, effective December 14, 2011 (B.C. Reg. 238/2011); 2012-27-16; 2020-16-4, effective July 1, 2024 (B.C. Reg. 88/2024).

REGULATIONS

See s. 6.2 of the Strata Property Regulation, B.C. Reg. 43/2000, at chapter 59 (Strata Property Regulations), regarding guidelines for preparation and use of the depreciation report.