291/2005

O.C. 697/2005

September 22, 2005

September 26, 2005

Community Living Authority Act

Transfer of Assets and Liabilities (Government) Regulation

[includes amendments up to B.C. Reg. 7/2006, January 30, 2006]

Definitions

In this regulation:

Act means the Community Living

Authority Act ;

Authority means Community Living British Columbia;

relocated employee means a person who was an employee of the

government, but who was relocated to the Authority before September 26, 2005.

Transfer from the government to Community Living British

Columbia

Pursuant to

section 24 of the Act, the following assets and liabilities of the

government in relation to the Community Living Services program of the Ministry of Children

and Family Development are transferred to the Authority:

assets in the form of petty cash held by relocated employees as of September 26,

2005;

assets in the form of accounts receivable

that are owed to the government as of September 26, 2005, and

in the case of any amounts in dispute on September 26, 2005, that are

anticipated by the government as being owed to the government;

the unamortized net book value as of September 26, 2005, of assets in the form of

tenant improvements, meaning any improvements to property that

go beyond that provided within the base building envelope, and

are requested by tenants to accommodate their needs;

liabilities in the form of accounts payable

that are owed by the government as of September 26, 2005, and

in the case of any amount in dispute on September 26, 2005, that are anticipated

by the government as being owed by the government;

liabilities in relation to outstanding leave balances for relocated employees as

of the date on which the employees were relocated.

Further transfers

Pursuant to

section 24 of the Act, the following assets and liabilities of the

government in relation to the Community Living Services program of the Ministry of Children

and Family Development are transferred to the Authority:

assets in the form of furniture and office equipment in the possession of the

Authority as of the date this

section comes into force;

accrued liabilities owed to agencies, as that term is defined in the Community

Services Labour Relations Act , as of the date this

section comes

into force.

[en. B.C. Reg. 7/2006.]

[Provisions of the Community Living Authority

Act , S.B.C. 2004, c. 60, relevant to the enactment of this regulation:

section 24]