B.C.'s Land Owner Transparency Act Comes Into Force November 30th - Are You Ready?

On September 20, 2022, the Province of British Columbia confirmed by Order in Council that most of the provisions of the Land Owner Transparency Act, SBC 2019, c 23 ("LOTA"), will come into force on November 30, 2020. The Province also released the Land Owner Transparency Regulation (the "Regulation"), which will come into effect concurrently with LOTA. The Regulation and Order in Council 549/2020 answer some key questions that have remained unanswered since the government introduced the initial framework for LOTA in 2018.

By way of background, LOTA creates and governs the Land Owner Transparency Registry (the "Registry"), a publicly accessible registry for the disclosure of beneficial ownership of lands in B.C. In our previous blog post, " Developing Land in B.C.? How the Province's Proposed Land Owner Transparency Act May Impact You", we discussed some of the basic concepts and requirements under LOTA. Some of these concepts are summarized below, but we suggest