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B.C. Reg. 228/2024, deposited July 15, 2024, under the MISCELLANEOUS REGISTRATIONS ACT, 1992 [section 9]. Order in Council 495/2024, approved and ordered July 15, 2024.
On the recommendation of the undersigned, the Lieutenant Governor, by and with the advice and consent of the Executive Council, orders that the Miscellaneous Registrations Regulation, B.C. Reg. 81/2004, is amended as set out in the attached Schedule.
— K. CONROY, Minister of Finance; G. CHOW, Presiding Member of the Executive Council.
Schedule
1 Section 1 (1) of the Miscellaneous Registrations Regulation, B.C. Reg. 81/2004, is amended
(a) in paragraph (f) by striking out "." after "arrears" and substituting ";", and
(b) by adding the following paragraph:
(g) a securities order or proceeding notice.
2 Section 1 (2) is amended
(a) by adding the following definition:
"securities order or proceeding notice" means a notice of
(a) a lien and charge created under section 163.1 of the Securities Act, or
(b) an order or proceedings under section 164.18 (2) of the Securities Act that may affect personal property; , and
(b) in the definition of "serial numbered goods" by striking out paragraph (b) and substituting the following:
(b) for the purpose of registering a proceeds of crime notice, a securities order or proceeding notice or a lien for maintenance arrears, a motor vehicle, manufactured home, boat, outboard motor, trailer or aircraft.
3 Section 11 is amended by adding the following subsection:
(7) To register a securities order or proceeding notice, the collateral must be described as follows:
(a) that portion of the collateral that is serial numbered goods must be described in accordance with section 10 or 11 (1) and (2) of the Personal Property Security Regulation;
(b) that portion of the collateral that is not serial numbered goods must be described in accordance with section 11 (1) and (2) of the Personal Property Security Regulation.
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