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B.C. Reg. 28/98 O.C. 122/98 | Deposited February 6, 1998 effective May 1, 1998 |
[Last amended October 28, 2019 by B.C. Reg. 216/2019]
1 In this regulation:
"Act" means the Court Order Enforcement Act;
"maintenance debtor" has the same meaning as "debtor" in section 1 (1) of the Family Maintenance Enforcement Act.
2 For the purposes of section 71 (1) of the Act, the prescribed amounts of exemption are as follows:
(a) $4 000 for household furnishings and appliances;
(b) $5 000 for one motor vehicle if the debtor is not a maintenance debtor;
(c) $2 000 for one motor vehicle if the debtor is a maintenance debtor;
(d) $10 000 for tools and other personal property of the debtor that are used by the debtor to earn income from the debtor's occupation.
3 For the purposes of section 71.1 (1) of the Act, the prescribed amount of equity is as follows:
(a) $12 000 if the debtor is a person whose principal residence is located within the boundaries of the Capital Regional District or the Metro Vancouver Regional District;
(b) $9 000 if the debtor is a person whose principal residence is located outside the boundaries of the Capital Regional District or the Metro Vancouver Regional District.
[am. B.C. Reg. 216/2019, s. 6.]
[Provisions relevant to the enactment of this regulation: Court Order Enforcement Act, R.S.B.C. 1996, c. 78, s. 117 (2).]
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