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"Point in Time" Regulation Content

Motor Dealer Act

Motor Dealer Customer Compensation Fund Regulation

B.C. Reg. 102/95

NOTE: Links below go to regulation content as it was prior to the changes made on the effective date. (PIT covers changes made from September 19, 2009 to "current to" date of the regulation.)
SECTIONEFFECTIVE DATE
Section 1 January 1, 2018
Section 6 January 1, 2018
Section 8.1 January 1, 2018

 Section 1 definition of "fund" was added by BC Reg 200/2017, effective January 1, 2018.

 Section 6 BEFORE renumbered and (2) was added by BC Reg 200/2017, effective January 1, 2018.

Demand required

6   In order to be eligible for compensation from the fund, the applicant must first make a demand to the motor dealer

(a) in respect of the purchase of a motor vehicle, that the motor dealer return to the applicant the trade-in, full payment, deposit, down payment or other liquidated amount,

(b) in respect of the purchase of an extended warranty or service plan, that the motor dealer refund to the applicant the cost of the unexpired portion of the warranty or plan, and

(c) in respect of the delivery of a motor vehicle for sale by the motor dealer as an agent on commission, that the motor dealer return the unsold vehicle at the end of the agreed period, or remit the agreed amount of proceeds from the sale within the agreed period after sale,

that the motor dealer refuses to honour within 30 days of the demand.

 Section 8.1 was enacted by BC Reg 200/2017, effective January 1, 2018.