Section 1 definitions of "reporting body", "transparency declaration" and "transparency report" BEFORE amended by 2023-6-1(a) and (c), effective November 20, 2023 (BC Reg 228/2023).
"reporting body" means a relevant corporation, a trustee of a relevant trust or a partner of a relevant partnership that is required to file a transparency report under
(a) section 12 (1) [transparency report required with application to register interest in land], or
(b) section 15 (1) or (4) [transparency report required from pre-existing and other owners];
"transparency declaration" means a declaration under section 10 (1) [transparency declaration required with application to register interest in land];
"transparency report" means a report under any of the following:
(a) section 12 (1) [transparency report required with application to register interest in land];
(b) section 15 (1) or (4) [transparency report required from pre-existing and other owners];
(c) section 16 (1) [transparency report required on change of interest holders];
(d) section 17 (1) [filing of new transparency report to correct previous report];
Section 1 definitions of "Surveyor of Taxes" and "transferee" were added by 2023-6-1(b), effective November 20, 2023 (BC Reg 228/2023).
Section 1 definition of "Indigenous nation", paragraphs (d) and (e) BEFORE amended by 2024-10-44, effective April 25, 2024 (Royal Assent).
(d) the Sechelt Indian Band established by section 5 (1) of the Sechelt Indian Band Self-Government Act (Canada);
(e) the Sechelt Indian Government District established by the Sechelt Indian Band Self-Government Act (Canada);
Section 5 (1) BEFORE amended by 2023-6-2, effective November 20, 2023 (BC Reg 228/2023).
(1) Unless the context indicates otherwise and subject to subsection (2), in this Act, "electronic", "owner", "parcel", "registrar" and "transferee" have the same meanings as in section 1 [definitions] of the Land Title Act.
Section 6 (d) BEFORE amended by 2024-10-45, effective April 25, 2024 (Royal Assent).
(d) Sechelt lands, as defined in section 2 (1) of the Sechelt Indian Band Self-Government Act (Canada);
Section 10 (1) (part) BEFORE amended by 2023-6-3, effective November 20, 2023 (BC Reg 228/2023).
(1) On an application to register an interest in land, each transferee must file with the administrator a transparency declaration that contains the following information:
Section 12 (1) sandwich text BEFORE amended by 2023-6-6(a), effective November 20, 2023 (BC Reg 228/2023).
the corporation, trustee or partner must file with the administrator a transparency report completed in accordance with Division 3 [Content of Transparency Reports].
Section 13 (2) sandwich text BEFORE amended by 2023-6-7(a), effective November 20, 2023 (BC Reg 228/2023).
the trustee must complete the transparency report in accordance with Division 3 [Content of Transparency Reports] as that Division is required to be applied by a trustee of a relevant trust and not as that Division is required to be applied by a relevant corporation.
Section 15 (1) sandwich text BEFORE amended by 2023-6-8, effective November 20, 2023 (BC Reg 228/2023).
is a registered owner of an interest in land, the corporation, trustee or partner must, within the prescribed period, file with the administrator a transparency report completed in accordance with Division 3 [Content of Transparency Reports].
Section 16 (1) sandwich text BEFORE amended by 2023-6-10, effective November 20, 2023 (BC Reg 228/2023).
the reporting body must file with the administrator a new transparency report completed in accordance with Division 3 [Content of Transparency Reports].
Section 17 (1) BEFORE amended by 2023-6-11, effective November 20, 2023 (BC Reg 228/2023).
(1) Subject to section 13 [general rules for filing and completing transparency reports] and subsection (2) of this section, and without limiting section 16, a reporting body may, at any time the reporting body considers necessary in order to complete or correct information contained in a previously filed transparency report, file with the administrator a new transparency report completed in accordance with Division 3 [Content of Transparency Reports].
Section 19 (a) (vii) BEFORE amended by 2023-6-12, effective November 20, 2023 (BC Reg 228/2023).
(vii) the date on which the individual became or ceased to be an interest holder, and
Section 25 (1) BEFORE amended by 2023-6-13, effective November 20, 2023 (BC Reg 228/2023).
(1) A transparency declaration or transparency report submitted by a transferee or reporting body must, if the transferee or reporting body is a corporation or limited liability company, be certified to be correct and complete, to the extent required under Division 3, by an individual who has
(a) knowledge of the matters certified, and
(b) actual authority to certify the declaration or report on behalf of the transferee or reporting body.
Section 30 was enacted by 2019-23-30, effective April 30, 2021 (BC Reg 250/2020).
2019-23-30 was amended by 2020-14-21, effective August 14, 2020 (Royal Assent).
Section 35 was enacted by 2019-23-35, effective April 30, 2021 (BC Reg 250/2020).
2019-23-35 was re-enacted by 2020-14-22, effective August 14, 2020 (Royal Assent).
Section 67 (3), subparagraphs (i) to (iv) were renumbered as paragraphs (a) to (d), respectively, by 2021-3-17, effective March 25, 2021 (Royal Assent).
Schedule 1, section 2 was added by BC Reg 251/2020 under 2019-23-97,98, effective November 30, 2020 (BC Reg 251/2020).