312/90

O.C. 1343/90

September 7, 1990

September 15, 1990

Financial Institutions Act and Credit Union Incorporation Act

Financial Institutions Fees Regulation

[Last amended October 27, 2025 by B.C. Reg. 173/2025]

312_90_pit

Interpretation

In this regulation:

CUIA means the Credit Union Incorporation Act ;

FIA means Financial Institutions Act .

Fees payable to Authority

There shall be paid to the Authority, for a matter itemized in Column 1 of

Schedule 1, the fee set out opposite that item in Column 2 of that Schedule.

Despite subsection (1), no annual fee is payable by a financial institution or an extraprovincial corporation in the financial year in which the financial institution or extraprovincial corporation is issued a business authorization after filing an application for a business authorization under

section 61 (1) or (3), 160 or 160.1 of the FIA.

[am. B.C. Regs. 217/2002, s. (a); 219/2019; 208/2021, App. 5, s. 4; 173/2025, s. 1.]

Fees payable to the registrar under the Credit Union Incorporation Act

Subject to subsection (2), there must be paid to the registrar in respect of a matter as it applies to a credit union the same fee as is payable under the Business Corporations Act in respect of that matter as it applies to a company.

A fee of $35 must be paid to the registrar for filing an annual report with the registrar under the Credit Union Incorporation Act .

under the Credit Union Incorporation Act a record may or must be filed with the registrar, and

no fee is payable under subsection (1) or (2) for that filing,

a fee of $20 must be paid to the registrar for that filing.

[en. B.C. Reg. 213/2012, s. 1.]

Schedule 1

[am. B.C. Regs. 45/92; 111/92, s. (a); 217/2002, ss. (

b) and (c); 568/2004; 174/2008; 213/2012, s. 2; 219/2019; 260/2019, App. 1; 208/2021, App. 5, s. 5; 183/2024, App. 3 and App. 4; 173/2025, s. 2.]

(Section 2)

Item

Column 1

Column 2

For processing an application for consent to an incorporation of (

a) a credit union under

section 11 of the Credit Union Incorporation Act , or (

b) a trust company or insurance company under

section 13 of the Financial Institutions Act

$5 000

For processing an application for consent to a continuation under

section 18 of the Financial Institutions Act

$5 000

For processing a disposition (other than one ordered under

section 277 (2) (

d) of the FIA) under

section 16 of the CUIA

.01% of assets to maximum of $5 000

For processing an amalgamation (other than one ordered under

section 277 (2) (

d) of the FIA) under

section 20 of the CUIA

$5 000

For processing an application for consent to an amalgamation under

section 20 of the Financial Institutions Act

$5 000

For processing an application for consent under

section 21 of the Financial Institutions Act to an arrangement described in

section 21 (1) of that Act, to an acquisition described in

section 21 (2) of that Act or to a reinsurance described in

section 21 (3) of that Act

$5 000

For processing an application for consent to a conversion, under

section 16 of the Financial Institutions Act , of a special Act insurance company into a company for the purpose of carrying on insurance business

$500

For processing an application for a business authorization under

section 61 (1), (3), (5), (6) or (7), 160, 160.1 or 166 (4) (

b) of the FIA

$2 500

For processing an application for a business authorization under

section 61 (4) of the FIA or documents or information filed under

section 166 (1) or (3) of the FIA

$100

An annual fee for each credit union

$500 + 0.013% of assets less than or equal to $25 million + 0.01% of assets between $25 million and $250 million + 0.008% of assets greater than $250 million

An annual fee for each (

a) trust company, and (

b) extraprovincial trust corporation

$5 000 + 0.01% of assets, as reported in non-consolidated financial statements, greater than $5 million to a maximum of $50 million + 0.005% of assets, as reported in non-consolidated financial statements, greater than $50 million to a maximum of $100 million + 0.0025% of assets, as reported in non-consolidated financial statements, greater than $100 million to a maximum of $500 million + 0.001% of assets, as reported in non-consolidated financial statements, greater than $500 million to a maximum of $1 billion + 0.0005% of assets, as reported in non-consolidated financial statements, greater than $1 billion to a maximum of $5 billion + 0.0001% of assets, as reported in non-consolidated financial statements, greater than $5 billion

11.1

An annual fee for each insurance company and extraprovincial insurance corporation that has assets, as reported in its non-consolidated financial statements, (

a) to a maximum of $100 million (

b) greater than $100 million to a maximum of $1 billion (

c) greater than $1 billion

$5 000 + 0.019% of direct written premiums from insurance business carried on in British Columbia during the previous financial year $7 500 + 0.019% of direct written premiums from insurance business carried on in British Columbia during the previous financial year $10 000 + 0.019% direct written premiums from insurance business carried on in British Columbia during the previous financial year

For filing a disclosure statement under

section 62 (2) of the CUIA

$100

For filing a statement of material change under

section 62 (5) of the CUIA

$100

For processing an application for an approval, consent or order under

section 15, 33, 76 (3), 99 (3), 142 (2) or 226 (3) of the Financial Institutions Act or

section 14 (2), 39.71, 40 (2), 44 (8), 74 (2) or 76 (9) of the Credit Union Incorporation Act , other than for processing an application in relation to a pre-existing trust company or pre-existing insurance company for consent to an alteration of its memorandum or articles for the purposes of Division 1 of

Part 14 of the Business Corporations Act

$100

For processing an application for an approval, consent or order under

section 19 (1) (b), 47 (2), 50 (4), 64 (1), 69, 141 (2), 142 (1), 150 (2) or 276 (

c) of the Financial Institutions Act or

section 64 (8), 65 (4), 69 (2) or 92 (3) of the Credit Union Incorporation Act , in a case where no application for an advanced ruling is received

$500

For processing an application for an advanced ruling on an application referred to in item 15

$500

For processing an application for an approval, consent or order under

section 19 (1) (b), 47 (2), 50 (4), 64 (1), 69, 141 (2), 142 (1), 150 (2) or 276 (

c) of the Financial Institutions Act or

section 64 (8), 65 (4), 69 (2) or 92 (3) of the Credit Union Incorporation Act , in a case where there has been an advanced ruling on the application

$100

For the issue of a licence under Division 2 of

Part 6 of the FIA, for each year of the licence

$25

18.1

For an annual filing fee for a continuous licence under Division 2 of

Part 6 of the FIA

$25

For the transfer or amendment of a licence under Division 2 of

Part 6 of the FIA

$50

For the reinstatement of a licence under

section 229 (1) of the FIA

$50

For the issue of a temporary licence under

section 183 (4) of the FIA

$25

For the issue of a reciprocal exchange permit under

section 187 (1) of the FIA

$3 500

For the reissue of a reciprocal exchange permit under

section 187 (8) of the FIA

$3 500

Repealed [B.C. Reg. 174/2008, s. (c).]

For each hour spent in the provision of investigative services by or on behalf of the Authority or the superintendent

$50

Schedule 2

Repealed. [B.C. Reg. 213/2012, s. 3.]

[Provisions relevant to the enactment of this regulation: Financial Institutions Act , R.S.B.C. 1996, c. 141, s. 289, and the Credit Union Incorporation Act , R.S.B.C. 1996, c. 82, s. 108.]