FEI-FEVI 2010 EEC Report filed March 31, 2011 - FortisBC

(ii) execute any record required to give
effect to that transfer, charge, encumbrance
or other dealing, and
(b) an official
(i) who has authority over a registry or
office, including, without limitation, the
personal property registry and a land title
office, in which title to or interests in the
right, property or asset is registered or
recorded, and
(ii) to whom a record referred to in
paragraph (a) (ii) executed by or on behalf
of the authority is submitted in support of
the transfer, charge, encumbrance or other
dealing
must give the record the same effect as if it had
been duly executed by the transmission
corporation.
Transfer of obligations and liabilities
23 On the coming into force of this Part, all obligations and
liabilities of the transmission corporation, except for
obligations and liabilities under an excluded contract or
excluded permit,
(a) are transferred to and assumed by the
authority,
(b) become the authority's obligations and
liabilities,
(c) cease to be obligations and liabilities of the
transmission corporation, and
(d) may be enforced against the authority as if the
authority had incurred them.