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Canada Business Corporations Act

Version of section 156 from 2003-01-01 to 2018-04-30:


Marginal note:Exemption

 The Director may, on application of a corporation, authorize the corporation to omit from its financial statements any item prescribed, or to dispense with the publication of any particular financial statement prescribed, and the Director may, if the Director reasonably believes that disclosure of the information contained in the statements would be detrimental to the corporation, permit the omission on any reasonable conditions that the Director thinks fit.

  • R.S., 1985, c. C-44, s. 156
  • 2001, c. 14, s. 74
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