127_2018 Government Cheque Cashing Fees Regulation B.C.

· last amended 2019-09-15

Contents
s. 1 — Definition

In this regulation, government assistance cheque means a government cheque that is issued with any of the following printed on its face:

s. 1(a)

"BC Employment and Assistance";

s. 1(b)

"BC Employment and Assistance Imprest Account";

s. 1(c)

"BC Employment and Assistance Imprest Account — MCFD";

s. 1(d)

"BC Employment and Assistance Imprest Account — SDPR".

s. 2 — Government cheques

Subject to this regulation, a person may charge, require or accept a cheque cashing fee.

s. 3 — Government assistance cheques

Despite section 2, a person may charge, require or accept a cheque cashing fee in relation to a government assistance cheque only if the cheque cashing fee does not exceed the lesser of

s. 3(a)

$2.00 plus 1% of the face value of the government assistance cheque, and

s. 3(b)

$10.00.