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Canada Not-for-profit Corporations Act (S.C. 2009, c. 23)

Assented to 2009-06-23

Marginal note:1991, c. 46

Bank Act

Marginal note:2001, c. 9, s. 121

306. Subsection 455.1(1) of the Bank Act is replaced by the following:

Marginal note:Designation of complaints body

  • 455.1 (1) The Minister may, for the purposes of this section, designate a body corporate incorporated under the Canada Not-for-profit Corporations Act whose purpose, in the view of the Minister, is dealing with complaints, made by persons having requested or received products or services from its member financial institutions, that have not been resolved to the satisfaction of those persons under procedures established by those financial institutions under paragraph 455(1)(a).

Marginal note:1997, c. 26

Budget Implementation Act, 1997

307. Subsection 8(1) of the Budget Implementation Act, 1997 is replaced by the following:

Marginal note:Acts not applicable to foundation
Marginal note:1998, c. 21

Budget Implementation Act, 1998

308. Subsection 7(1) of the Budget Implementation Act, 1998 is replaced by the following:

Marginal note:Acts not applicable to Foundation
Marginal note:R.S., c. C-44; 1994, c. 24, s. 1(F)

Canada Business Corporations Act

309. Subsection 3(3) of the Canada Business Corporations Act is amended by adding the following after paragraph (a):

310. Subsection 209(1) of the Act is replaced by the following:

Marginal note:Revival

  • 209. (1) When a body corporate is dissolved under this Part or under section 268 of this Act, section 261 of chapter 33 of the Statutes of Canada, 1974-75-76, or subsection 297(6) of the Canada Not-for-profit Corporations Act, any interested person may apply to the Director to have the body corporate revived as a corporation under this Act.