Pasquill v. British Columbia Securities Commission
Payments made from the appellant's LIF accounts are neither "money transferred under Division 7" nor "benefits" as defined in the PBSA; therefore s.70(1) does not exempt those payments from attachment and the chambers judge correctly ordered forfeiture; the chambers judge also correctly declined to appoint a receiver because the forfeiture order was sufficient to secure payments and the receiver powers sought exceeded the authority to attach payments.
Source excerpt
- Forfeiture
- Attachment and exemption
- Receiver appointment
- Statutory interpretation
- Life income fund (lif)