Canada Cooperatives Act

Version of section 3 from 2011-10-17 to 2017-12-30:


Marginal note:Purposes of Act

  •  (1) The purposes of this Act are

    • (a) to set out the law applicable to the business endeavours of persons who have associated themselves in a democratic manner to carry on a common purpose; and

    • (b) to advance the cause of uniformity of cooperative business law in Canada.

  • Marginal note:Carrying on business in more than one place

    (2) No cooperative may be incorporated under this Act unless

    • (a) it will carry on its undertaking in two or more provinces; and

    • (b) it will have a fixed place of business in more than one province.

  • Marginal note:Application

    (3) This Act applies to cooperatives incorporated under this Act that have not been discontinued.

  • Marginal note:Non-application of certain Acts

    (4) No provision of the Canada Business Corporations Act, the Canada Corporations Act, chapter C-32 of the Revised Statutes of Canada, 1970, the Canada Not-for-profit Corporations Act or the Winding-up and Restructuring Act applies to a cooperative.

  • Marginal note:Limitation on business that can be carried on

    (5) No cooperative may carry on the business of

  • Marginal note:Prohibition on granting degrees

    (6) No cooperative may 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.

  • 1998, c. 1, s. 3
  • 2009, c. 23, s. 312
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