Payment instead of exploration and development ("Cash-in-Lieu") (BC)

A payment instead of exploration and development work (PIED) may be registered to maintain a claim to any date with a minimum requirement of 6 months to a maximum of one year. A payment may only be registered for the next immediate anniversary year, for example you may only register a payment during the anniversary year immediately preceding the expiry date of the claim.

All recorded holders of the claim must hold a valid FMC when the payment is registered.