Highlighting in BOLD is mine:
"7.3.13 Extinguishments (Under Revenue Management- second folder of three)The maximum amount of debt is One Hundred Thousand Dollars and it looks like this:
1. The responsible minister must authorize all submissions for extinguishment. Proposals must be forwarded for review to the Minister of Finance, through the Financial Management Branch, OCG, prior to submission to the Lieutenant Governor in Council.
2. The Minister or the Deputy Minister of Finance, or the Assistant Deputy Minister, Provincial Treasury, pursuant to BC Regulation 269/92, can conclude a settlement agreement or compromise settlement to forgive some or all of a debt or obligation not exceeding $100,000. In addition, the following CLMB officers have authority to conclude a settlement agreement to forgive some or all of a debt or obligation (principal plus interest) to the following limits:
the director – $40,000;
a manager – $20,000;
a collection officer – $10,000.
3. A ministry may accept a compromise settlement of a debt only after approval by Legal Services, Ministry of Attorney General. A portion of the original debt can be extinguished under the terms of an agreement.
4. Annually, ministries must submit statements of debts extinguished during the fiscal year, together with supporting documentation, to Financial Reporting and Advisory Services, OCG, for Public Accounts reporting purposes."
Six million dollars looks like this: $6,000,000, so where's the Regulation that covers $6 million.
The pecking order of who gets to do what when it comes to Extinguishments goes something like this:
And if you're wondering what the "Financial Management Branch, OCG" is the OCG stands for its the Office of the Comptroller General.
All these people within the various departments of the BC Liberal Government, while the BC Rail trial was being heard by a jury, suddenly up and decides that it was in the best interests of ... taxpayers... to stop the trial. Hmmmmmm.