13 0 9 , Approved and Ordered SEP 1 PROVINCE OF BRITISH COLUMBIA ORDER OF THE LIEUTENANT GOVERNOR IN COUNCIL Order in Council No. Lieutenant Governor Executive Council Chambers, Victoria On the recommendation of the undersigned, the Lieutenant Governor, by and with the advice and consent of the Executive Council, orders that, effective September 18, 2000, the Personal Property Security Regulation, B.C. Reg. 279/90, is amended as set out in the attached Schedule. Minister of Finance and Corporate elations Presiding Member of the Executive Council (This

part is for administrative purposes only and is not part of the Order.) Authority under which Order is made: Act and section:- Personal Property Security Act, s. 76 Other (specify):- oic 1273/90 August 21, 2000 Re-.) L b -1344/2000/13

SCHEDULE

Section of the Personal Property Security Regulation, B.C. Reg. 279/90, is amended (

a) by adding the following definition: "electronic financing change statement" means a financing change statement, submitted remotely from a computer terminal, to which Divisions 12.3 and apply; , and (

b) in the definition of "screen ", by repealing paragraph (a). 2 The heading to Division 12.2 is repealed and the following substituted: Division 12.2 — Electronic Financing Change Statement (Renewal) . 3 The following Division is added to

Part 3: Division 12.3 — Electronic Financing Change Statement Application and use of electronic financing change statement 119.14 This Division applies to the use of an electronic financing change statement to register the following changes to a registration: (

a) a transfer by a secured party under the Personal Property Security Act, the Sale of Goods Act or the Land Title Act of all the party's interest; (

b) a transfer by a debtor under the Personal Property Security Act, the Sale of Goods Act or the Land Title Act of all the debtor's interest; (

c) a debtor release under the Personal Property Security Act or the Sale of Goods Act; (

d) a partial discharge of collateral under the Personal Property Security Act, the Sale of Goods Act, the Land Title Act or the Repairers Lien Act; (

e) an addition of collateral to a registration relating to a security interest under the Personal Property Security Act, the Sale of Goods Act or the Land Title Act; (

f) a substitution of collateral under a registration relating to a security interest under the Personal Property Security Act or the Sale of Goods Act. Base registration number 119.15 In the appropriate space the registration number of the base registration must be given. Base debtor 119.16 In the appropriate space the name of the base debtor must be given exactly as given on the base registration. Registering party code 119.17 The registering party's code must be provided in the appropriate space. of 3