Marginal note:Short title

1. This Act may be cited as the Boards of Trade Act.

Marginal note:Definitions

2. In this Act,

“board of trade”

« chambre de commerce »

“board of trade” includes chamber of commerce, and, for the purposes of the appointment of weighers of grain under this Act, means any board of trade or chamber of commerce incorporated under any Act of Parliament, of the legislature of the former Province of Canada or of the legislature of any province;

“council”

« conseil »

“council” includes “board of directors” and trustees of the governing body, however designated;

“district”

« district »

“district” means any judicial district, or temporary judicial district, that is set apart or constituted as such by any Act of Parliament or of the legislature of any province or by any proclamation issued under or by virtue of any such Act, and any city, county, town or village, to any of which may be added one or more townships selected for that purpose, or any group of municipalities or divisions, within and for which a board of trade is established under this Act, and includes

• (a) in the Provinces of Saskatchewan, Alberta and Newfoundland, any electoral district, as constituted for elections to the legislative assembly for any of those provinces, within and for which a board of trade is established, and

• (b) in the Province of British Columbia and in Yukon, any mining division, or any tract of country described as extending to certain specified distances and in certain specified directions from any stated point, within and for which a board of trade is established.

Marginal note:Persons who may form a board of trade

• 3. (1) Any number of persons, not fewer than thirty, who are merchants, traders, brokers, mechanics, manufacturers, managers of banks or insurance agents, carrying on business in, or resident in, a district that has a population of not less than two thousand five hundred, or in the Province of British Columbia or in Yukon not less than one thousand five hundred, may associate themselves together as a board of trade and appoint a secretary.

• Marginal note:Use of names restricted

  (2) No person shall, within any district in which there is a board of trade that is registered under this Act, use the words “Board of Trade” or “Chamber of Commerce” as part of the name under which that person is incorporated or doing business, or any other words so similar as to be liable to be confused therewith, unless that person is incorporated as a body corporate under this Act or under a special or general Act of Parliament.

• Marginal note:Offence

  (3) Any person who contravenes subsection (2) is guilty of an offence and liable on summary conviction to a fine of not more than five hundred dollars and costs and not less than one hundred dollars and costs or to imprisonment for a term not exceeding six months or to both.