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LAND TITLE & SURVEY AUTHORITY ELECTRONIC FILING SYSTEM (EFS)
NEW!COMMON QUESTIONS ABOUT TITLE INSURANCE 'IMAGE TO FAX' OPTION DISCONTINUED FIRST DIGITAL SUBDIVISION PLAN SUBMITTED Overview of the Land Title and Survey Authority (LTSA) The Land Title and Survey Authority of British Columbia (the "Authority") is an independent, not-for-profit corporation without share capital. It is established under the Land Title and Survey Authority Act (the “Act”) and has responsibility for managing, operating and maintaining British Columbia’s land title and land survey systems. The Authority is responsible for the following three main functions:
The Authority operates independently from the provincial government, but must meet obligations and targets that the provincial government has established for it in a written operating agreement. The operating agreement has a term of 60 years, with the provision to renegotiate the revenue arrangement between the Province and the Authority every 10 years. Among other things, the operating agreement enables the Authority to collect fee revenue to underwrite the costs of meeting its mandate. The Act and the agreement specify that the Authority must not earn profits. The Authority is governed by an eleven-member Board of Directors and operates according to approved by-laws and procedures as set out in the Consolidated By-laws, Board Governance Manual, and Corporate Policies. The Board's role, composition, and the processes for Board member appointment, are all established by the Act. The Board is responsible for overseeing the strategic direction and governance of the Authority. A Stakeholder Advisory Committee advises the Authority on matters related to the Authority’s mandate, including the effectiveness of improvements to Authority activities, programs and services. Additional information on the Authority -- including sections on Organization and Governance, Accountability and Key Initiatives -- is available from the Corporate Outline (2005) and recent annual reports and business plans. A direct link for customer concerns and inquires is available at Feedback. |
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