B.C. Reg. 450/2004, deposited October 13, 2004, pursuant to the REAL ESTATE ACT [Section 80]. Regulation of the Superintendent of Real Estate, dated October 6, 2004.

Pursuant to section 80 of the Real Estate Act, the Superintendent of Real Estate orders that the following regulation is made:

INDIVIDUAL EXEMPTION REGULATION NO. 151

Jericho Properties Ltd.

1 An offer for sale or lease, the sale or lease and any assistance in the selling or leasing of the subdivided land that comprises the land described as:

Parcel Identifier: 024-478-580
Lot A, Section 41, Comox District, Plan VIP68800

by or on behalf of Jericho Properties Ltd. is exempt from all of the provisions of Part 2 of the Real Estate Act on condition that

(a) Jericho Properties will advertise for sale or lease or otherwise market the lots for commercial purposes only,

(b) the land is used for commercial purposes only, and

(c) Jericho Properties will notify all purchasers or lessees at the time of an offer for sale or lease that the offering is exempt from the provisions of Part 2 of the Real Estate Act and that they will not receive a prospectus or a disclosure statement under the Real Estate Act and will not have the benefit of any rights or protections afforded by Part 2 of the Act.

— W. A. CLARK, Superintendent of Real Estate.

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