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B.C. Reg. 221/2022, deposited November 14, 2022, under the REAL ESTATE SERVICES ACT [section 89.2 (6)]. Order in Council 566/2022, approved and ordered November 14, 2022.
On the recommendation of the undersigned, the Lieutenant Governor, by and with the advice and consent of the Executive Council, orders that, effective January 3, 2023, the Real Estate Services Rules, B.C. Reg. 209/2021, are amended as set out in the attached Appendix.
— S. ROBINSON, Minister of Finance; L. BEARE, Presiding Member of the Executive Council.
1 Section 11 (4) of the Real Estate Services Rules, B.C. Reg. 209/2021, is amended by striking out "referred to that subsection" and substituting "referred to in that subsection".
2 Section 52 is amended
(a) in subsection (1) (b) by striking out "subject to subsection (2)" and substituting "subject to subsections (2) and (2.1)", and
(b) by adding the following subsection:
(2.1) The disclosure that is required under section 57.1 [disclosure to certain clients of right of rescission] may be made in either or both of
(a) an agreement giving effect to a trade in real estate, and
(b) a record that is separate from an agreement referred to in paragraph (a).
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