INFORMATION BULLETIN
For Immediate Release 2002FIN0025-000500 July 2, 2002		Ministry of Finance
REGISTRIES SERVICE CHANGES IN JULY

VICTORIA – B.C.'s corporate and personal property registries will make changes to operations and services starting today and on July 29 to provide more electronic service delivery and use limited fiscal resources more effectively.

 

Beginning today, all British Columbia company annual reports must be filed electronically. This Internet-based filing system - introduced in January - has been well received by customers of the corporate registry. More information about the service is available at http://www.fin.gov.bc.ca/registries/CARS/index.htm on the corporate annual reports system Web site.

 

Also effective today, the registries will no longer offer phone or fax services for:

 

• Personal property registry searches.
• Manufactured home registry searches.
• Corporate registry searches.
• Corporate registry name reservation requests.

 

Starting July 29, the following changes to the personal property registry come into effect:

 

• Security procedures will be introduced to facilitate lien discharges online.
• A new electronic amendment transaction will be introduced.
• All base registration, renewals, discharges, changes and amendments must be filed electronically through BC OnLine at www.bconline.com. 
• Printing of verification financing change statements will cease. <li>Printing of most verification statements will be discontinued. <li>Verification statements will only be printed for the secured party of a discharge, change or amendment if the secured party is not the registering party. A print confirmation facility remains available to clients while registering their document.

 

Registering with BC OnLine will allow clients to perform all of the above services themselves.

 

Annual reports may be filed using Internet terminals located in all government agent offices, libraries and Internet cafes. Payment at these locations is by credit card over the Internet.

 

Registries search requests and company name reservation requests can be made at any government agent office in the province. In addition, base financing statements can be filed at most government agent offices.

 

For more information about changes to services, visit the corporate and personal property registries site at http://www.fin.gov.bc.ca/registries on the Web.

 

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Contact:          

Communications Branch, 250 387-3347

Visit the province's Web site at http://www.gov.bc.ca/ for online information and services.