Canada Business Corporations Act

Version of section 3 from 2007-04-20 to 2011-10-16:

Marginal note:Application of Act
  •  (1) This Act applies to every corporation incorporated and every body corporate continued as a corporation under this Act that has not been discontinued under this Act.

  • (2) [Repealed, 1991, c. 45, s. 551]

  • Marginal note:Certain Acts do not apply

    (3) The following do not apply to a corporation:

  • Marginal note:Limitations on business that may be carried on

    (4) No corporation shall carry on the business of

  • Marginal note:Limitations on business that may be carried on

    (5) No corporation shall carry on business as a degree-granting educational institution unless expressly authorized to do so by a federal or provincial agent that by law has the power to confer degree-granting authority on an educational institution.

  • R.S., 1985, c. C-44, s. 3;
  • 1991, c. 45, s. 551, c. 46, s. 595, c. 47, s. 719;
  • 1992, c. 1, s. 142;
  • 1994, c. 24, s. 3;
  • 1996, c. 6, s. 167, c. 10, s. 212;
  • 1999, c. 31, s. 63;
  • 2001, c. 14, s. 2(F);
  • 2007, c. 6, s. 399.
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