BarTalk February 2000
Volume 12, Number 1

In Force Spring and Summer 2000

Lawyers should be aware that provisions of the British Columbia Unclaimed Property Act (Bill 91) and Regulation in force April 1 and July 1, 2000 may impact on their clients’ affairs.

The provisions in force April 1, 2000 will regulate how over $30 million of unclaimed money held by government may be claimed by owners. The provisions in force July 1, 2000 prescribe the duties required of holders of unclaimed money.

Lawyers are encouraged to review Bill 91 to determine how it may affect their clients’ affairs. See the entries for the Unclaimed Property Act in this Legislative Update in “Acts in Force” and “Regulations to Note”.

For further information, contact Stuart Rennie, Legislation and Law Reform Officer.

This article was published in the February 2000 issue of BarTalk and is subject to the copyright by the British Columbia Branch of the Canadian Bar Association, 2005, all rights reserved.