Authorization

1   A fee or commission calculated under section 2 is authorized to be paid to or retained by a collection agency or credit reporting agency that, under contract with the government,

(a) collects public money receivable under government programs operated by the ministries of the government, or

(b) ascertains the whereabouts, or financial and related circumstances, or both, of borrowers or debtors under government programs.

[en. B.C. Reg. 122/2002.]

Fee or commission

2   The amount of the fee or commission referred to in section 1 must not exceed 45% of the amount actually collected, determined in accordance with the contract between the collection agency and the government.