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Volume 48, No. 20

B.C. Reg. 291/2005

The British Columbia Gazette,

Part II

October 4, 2005

B.C. Reg. 291/2005, deposited September 22, 2005, pursuant to the COMMUNITY LIVING AUTHORITY ACT [Section 24]. Order in Council 697/2005, approved and ordered September 22, 2005.

On the recommendation of the undersigned, the Lieutenant Governor, by and with the advice and consent of the Executive Council, orders that, effective September 26, 2005, the attached regulation is made.

— S. HAGEN, Minister of Children and Family Development; G. CAMPBELL, Presiding Member of the Executive Council.

TRANSFER OF ASSETS AND LIABILITIES (GOVERNMENT) REGULATION

Definitions

1 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

2 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:

(

a) assets in the form of petty cash held by relocated employees as of September 26, 2005;

(

b) assets in the form of accounts receivable

(

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

(ii) in the case of any amounts in dispute on September 26, 2005, that are anticipated by the government as being owed to the government;

(

c) the unamortized net book value as of September 26, 2005, of assets in the form of tenant improvements, meaning any improvements to property that

(

i) go beyond that provided within the base building envelope, and

(ii) are requested by tenants to accommodate their needs;

(

d) liabilities in the form of accounts payable

(

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

(ii) in the case of any amount in dispute on September 26, 2005, that are anticipated by the government as being owed by the government;

(

e) liabilities in relation to outstanding leave balances for relocated employees as of the date on which the employees were relocated.

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