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| B.C. Reg. 274/96 Treasury Board | Deposited October 8, 1996 |
| This archived regulation consolidation is current to December 31, 2021 and includes changes enacted and in force by that date. For the most current information, click here. |
[includes amendments up to B.C. Reg. 122/2002]
1 A fee or commission calculated under section 2 is authorized to be paid to or retained by a collection agency or credit reporting agency that, under contract with the government,
(a) collects public money receivable under government programs operated by the ministries of the government, or
(b) ascertains the whereabouts, or financial and related circumstances, or both, of borrowers or debtors under government programs.
[en. B.C. Reg. 122/2002.]
2 The amount of the fee or commission referred to in section 1 must not exceed 45% of the amount actually collected, determined in accordance with the contract between the collection agency and the government.
Note: this regulation replaces B.C. Reg. 260/88.
[Provisions of the Financial Administration Act, R.S.B.C. 1996, c. 138, relevant to the enactment of this regulation: section 14 (2)]
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