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

Assented to 2009-06-23

344. On the day on which paragraph 313(a) comes into force, paragraph 3(3)(a) of the Canada Business Corporations Act is repealed.

345. On the day on which paragraph 313(a) comes into force, the portion of subsection 268(6) of the Canada Business Corporations Act before paragraph (a) is replaced by the following:

  • Marginal note:Discretionary continuance

    (6) The Governor in Council may, by order, require that a body corporate incorporated by or under an Act of Parliament to which the Canada Not-for-profit Corporations Act does not apply, apply for a certificate of continuance under section 187 within any period that may be prescribed except for the following:

346. On the day on which paragraph 313(a) comes into force, subsection 268(10) of the Canada Business Corporations Act is replaced by the following:

  • Marginal note:Continuance prohibited

    (10) A body corporate to which the Canada Not-for-profit Corporations Act applies or any similar body corporate incorporated otherwise than by or under an Act of Parliament may not apply for a certificate of continuance under section 187.

347. On the day on which paragraph 313(a) comes into force, subsection 3(4) of the Canada Cooperatives Act is replaced by the following:

348. On the day on which paragraph 313(a) comes into force, subsection 3(5) of the Canada Employment Insurance Financing Board Act is replaced by the following:

349. On the day on which paragraph 313(a) comes into force, subsection 8(3) of the Canada Foundation for Sustainable Development Technology Act is replaced by the following: