The new British Columbia Societies Act came into effect on November 28, 2016. Every society existing under the old Society Act is required to transition into the new Act by November 28, 2018.

Holdback obligations under builders lien legislation are often misunderstood. The requirement to retain a 10% holdback does not arise by contract, but by virtue of the Builders Lien Act.

Perhaps you own land under construction and the general contractor has failed to make payments subcontractors or material suppliers who have filed liens on your property.