Land Owner Transparency Act, S.B.C. 2019, C. 23

In This Volume

1. Overview of the Land Owner Transparency Act [§45.1]

2. Legislation and Commentary [§45.2]

   1. Part 1—Definitions, Interpretation and Application
   2. 1 Definitions [§45.3]
   3. 2 Meaning of “beneficial owner” [§45.4]
   4. 3 Meaning of “corporate interest holder” [§45.5]
   5. 4 Meaning of “partnership interest holder” [§45.6]
   6. 5 Application of Land Title Act [§45.7]
   7. 6 Act does not apply to Indigenous land or prescribed land [§45.8]
   8. 7 Primary identification information—corporations and limited liability companies [§45.9]
   9. 8 Primary identification information—individuals [§45.10]
   10. 9 Primary identification information—relevant partnerships [§45.11]
   11. Part 2—Transparency Declarations and Transparency Reports
   12. Division 1—Transparency Declarations
   13. 10 Transparency declaration required with application to register interest in land [§45.12]
   14. 11 Refusal of application if transparency declaration not submitted, certified or signed [§45.13]
   15. Division 2—Transparency Reports
   16. 12 Transparency report required with application to register interest in land [§45.14]
   17. 13 General rules for filing and completing transparency reports [§45.15]
   18. 14 Refusal of application if transparency report not submitted, certified or signed [§45.16]
   19. 15 Transparency report required from pre-existing and other owners [§45.17]
   20. 16 Transparency report required on change of interest holders or determination of incapacity [§45.18]
   21. 17 Filing of new transparency report to correct previous report [§45.19]
   22. 17.1 Notice required if corporation, trust or partnership ceases to be relevant corporation, relevant trust or relevant partnership [§45.20]
   23. Division 3—Content of Transparency Reports
   24. 18 Information required in transparency reports [§45.21]
   25. 19 Information about interest holders [§45.22]
   26. 20 Information about settlors [§45.23]
   27. 21 Requirements if unable to obtain information about interest holders or settlors [§45.24]
   28. 22 Identification of incapacity [§45.25]
   29. 23 Interest holder’s duty to give information [§45.26]
   30. 24 Notice to interest holders and settlors [§45.27]
   31. Division 4—Certification and Electronic Signatures
   32. 25 Certification of transparency declarations and transparency reports [§45.28]
   33. 26 Electronic signing [§45.29]
   34. 27 Prohibitions in relation to electronic signing [§45.30]
   35. Part 3—Access to Transparency Records, Reported Information and Publicly Accessible Information
   36. 28 Definitions for Part 3 [§45.31]
   37. 29 Administrator’s duty to keep and maintain records and information [§45.32]
   38. 30 Administrator’s duty to make information available [§45.33]
   39. 31 Inspections and searches by enforcement officer and ministry officials [§45.34]
   40. 32 Inspections and searches for tax and related purposes [§45.35]
   41. 33 Inspections and searches for law enforcement purposes [§45.36]
   42. 34 Inspections and searches by regulators [§45.37]
   43. 35 Searches by members of public [§45.38]
   44. 36 Manner of conducting inspections and searches [§45.39]
   45. 37 Restrictions on inspections and searches [§45.40]
   46. 38 Fees for inspections and searches [§45.41]
   47. 39 Mandatory omission of information from publicly accessible information [§45.42]
   48. 40 Application to omit information if health or safety at risk [§45.43]
   49. 41 Determination of application to omit information [§45.44]
   50. 42 Application to correct or change information [§45.45]
   51. 43 Determination of application to correct or change information [§45.46]
   52. 44 Omissions, changes or annotations on administrator’s initiative [§45.47]
   53. 45 Omissions, changes or annotations required by enforcement officer [§45.48]
   54. Part 5—General
   55. 87 How documents must be given to registrar or administrator [§45.49]
   56. Schedule 1 [§45.50]
   57. Schedule 2 [§45.53]