{December 21, 2005} -Victoria BC – The Business Practices and Consumer Protection Authority is announcing a 30
day consultation period on two new administrative fees for debt collection licensees: a new $50
fee for recording a change in the directors / officers / shareholders of a licensee and a new $200
charge for late filing of financial statements as required by s. 10 (1) of the Debt Collection
Industry Regulation. It is proposed that the fees would be effective May 1, 2006.

The Authority operates on a full cost recovery model. The Business Practices and Consumer
Protection Authority Act allows the Authority to fund its operating costs from fees or charges for
its performance of any duty. Under the Fee Setting Criteria Regulation, the Authority is required
to consult with the affected industry and other interested parties before setting fees, charges or
other amounts. The regulation also requires the Authority to give at least 90 days’ notice before
the fees have effect.

Consultation on the proposed fee was undertaken with the Debt Collection Industry Advisory
Group on December 7, 2005. The group includes key stakeholder representatives from
business and consumer groups.

The proposed fees are now being posted for 30 days to obtain input from all interested parties.
Please provide your input to Tom Aquiline, Deputy Director, Industry Relations, BPCPA, by
email at This e-mail address is being protected from spambots. You need JavaScript enabled to view it by Friday, January 20, 2006.

Download a copy of the proposed fee schedule.