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Marginal note:Annual summary

• 42 (1) Every board of trade shall, on or before June 1 in every year, make a summary as of the March 31 preceding, specifying the following particulars:

  • (a) the name of the board of trade;

  • (b) the manner in which the board of trade is incorporated, giving the date thereof;

  • (c) the date on which the last general meeting of the members of the board of trade was held; and

  • (d) the names and addresses of the persons who at the date of the return compose the council of the board of trade.

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• Marginal note:Duplicates

  (3) Each of the duplicates referred to in subsection (2) shall be signed by the secretary of the board of trade.

• Marginal note:Default

  (4) Where a board of trade fails to comply with any requirements of this section, it is liable on summary conviction to a fine not exceeding twenty dollars for every day during which the failure continues.

• Marginal note:Penalty

  (5) Every member of the council of a board of trade who knowingly or wilfully authorizes or permits a failure referred to in subsection (4) is liable to the same fine.

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Marginal note:Statutory declaration

• 6 (1) Where the district referred to in section 5 is situated wholly or partly within a district for which there is an existing board of trade, the certificate shall be accompanied by a statutory declaration of two or more of the persons signing it with respect to

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  • (b) the population of the district of the existing board of trade;

  • (c) the population of the district of the proposed new board of trade;

  • (d) the population of the district of the existing board of trade as diminished by the proposed change; and

  • (e) any facts or considerations that made the establishment of the new board of trade expedient.

• (2) In any case referred to in subsection (1),

  • (a) the existing board of trade shall be afforded an opportunity to show cause against the proposed change; and

• Marginal note:Application of subsection (2)

  (3) Subsection (2) applies to any application for incorporation under a special or general Act of Parliament, with the right to use the name “Board of Trade” or “Chamber of Commerce” or any other name so similar as to be liable to be confused therewith.

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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.

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2 In this Act,

board of trade

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; (chambre de commerce)

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 and Labrador, 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. (district)

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Marginal note:Members of corporation

• 20 (1) Every person resident in a district in respect of which a board of trade was incorporated, who is or has been a merchant, broker, trader, mechanic, manufacturer, manager of a bank or insurance agent, is eligible to become a member of the corporation.

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• Marginal note:Persons other than traders

  (4) Any person who is not a merchant, broker, trader, mechanic, manufacturer, manager of a bank or insurance agent is eligible to become a member of a corporation, in the manner described in this section, if that person is recommended by the council of the corporation at any general meeting of the corporation.

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