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Volume 62, No. 5

41/2019

The British Columbia Gazette,

Part II

March 12, 2019

B.C. Reg. 41/2019 , deposited March 6, 2019, under the STRATA PROPERTY ACT [section 292 (2) (l.1) and (3) (f)]. Order in Council 101/2019, approved and

ordered March 6, 2019.

On the recommendation of the undersigned, the Lieutenant Governor, by and with

the advice and consent of the Executive Council, orders that the Strata Property Regulation,

B.C. Reg. 43/2000, is amended as set out in the attached Schedule.

— S. ROBINSON, Minister of Municipal Affairs and Housing ; J. SIMS, Presiding Member of the Executive Council .

Schedule

Section 1.1 of the Strata Property Regulation, B.C. Reg. 43/2000, is amended

(

a) by renumbering the

section as

section 1.1 (1), and

(

b) by adding the following subsection:

(2) In the Act, "insured account" means an account with a deposit, all or part of which is eligible to be insured by

the Canada Deposit Insurance Corporation or guaranteed by the Credit Union Deposit

Insurance Corporation of British Columbia.

Section 6.11 is amended

(

a) by repealing paragraph (

a) and substituting the following:

(

a) a savings account or chequing account at a financial institution outside of

British Columbia with a deposit, all or part of which is eligible to be insured by

the Canada Deposit Insurance Corporation; , and

(

b) in paragraph (

b) by striking out everything before subparagraph (ii) and substituting

the following:

(

b) a term deposit or a guaranteed investment certificate, if all or part of the

deposit or certificate

(

i) is eligible to be insured by the Canada Deposit Insurance Corporation or guaranteed

by the Credit Union Deposit Insurance Corporation of British Columbia, and .

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