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ARTICLE · 11 APRIL 2013

Significant Provisions To B.C. Forestry Service Providers Protection Act Come Into Force

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Significant remaining provisions to the "Forestry Service Providers Protection Act" came into force on April 1, 2013.

CanadaFinance and Banking
Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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Significant remaining provisions to the Forestry Service Providers Protection Act (British Columbia) (the FSPPA) came into force on April 1, 2013. The provisions, Sections 1-24 of the FSPPA, provide for, among other things, the creation of (a) a contractor's lien, and (b) a charge on all accounts due to a forest products owner (an Owner) securing an amount due.

CONTRACTOR'S LIEN

The newly in force provisions of the FSPPA provide for a contractor's lien to attach to forest products at the outset of the provision of services to secure the fair value of the services provided to an Owner pursuant to a services contract. The lien is enforceable whether or not it has been registered. The contractor's lien also attaches to forest products acquired by the Owner after the services are provided.

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