Section 1 definition of "branch" BEFORE amended by BC Reg 11/2010, effective January 15, 2010.
"branch" means the Receivables Management Office of the Ministry of Small Business and Revenue;
Section 1 definition of "branch" before repealed by BC Reg 151/2012, effective June 25, 2012.
"branch" means the Receivables Management Office of the Ministry of Finance;
Section 2 table BEFORE amended by BC Reg 11/2010, effective January 15, 2010.
| Column 1 | Column 2 | |
| Item | Persons who may approve | Debt or obligation |
| 1 | Minister of Finance Deputy Minister of Finance Minister of Small Business and Revenue Comptroller General, Ministry of Finance Deputy Minister of Small Business and Revenue Assistant Deputy Minister, Corporate Services Division, Ministry of Small Business and Revenue | Debt or obligation if the total amount of principal and interest to be forgiven under a settlement agreement is not more than $100 000 |
| 2 | any of the persons listed in Item 1, or the director of the branch | Debt or obligation if the total amount of principal and interest to be forgiven under a settlement agreement is not more than $50 000 |
| 3 | any of the persons listed in Items 1 and 2, or a manager or a collection officer of the branch | Debt or obligation if the total amount of principal and interest to be forgiven under a settlement agreement is not more than $25 000 |
Section 2 BEFORE re-enacted by BC Reg 151/2012, effective June 25, 2012.
Approval of forgiveness of a debt or obligation
2 Subject to section 4, before a debt or obligation of the type set out in column 2 of the table to this section is forgiven, one of the persons listed in column 1 opposite that type of debt or obligation must approve the settlement agreement to forgive some or all of the debt or obligation.
| Column 1 | Column 2 | |
| Item | Persons who may approve | Debt or obligation |
| 1 | Minister of Finance Deputy Minister of Finance Comptroller General, Ministry of Finance Assistant Deputy Minister, Corporate and Ministry Support Services Division, Ministry of Finance | Debt or obligation if the total amount of principal and interest to be forgiven under a settlement agreement is not more than $100 000 |
| 2 | any of the persons listed in Item 1, or the director of the branch | Debt or obligation if the total amount of principal and interest to be forgiven under a settlement agreement is not more than $50 000 |
| 3 | any of the persons listed in Items 1 and 2, or a manager or a collection officer of the branch | Debt or obligation if the total amount of principal and interest to be forgiven under a settlement agreement is not more than $25 000 |
[en. B.C. Reg. 172/2008, s. 2; am. B.C. Reg. 11/2010, s. (b).]