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Canada Business Corporations Regulations, 2001

Version of section 96 from 2006-03-22 to 2010-06-09:

  •  (1) For the purpose of subsection 265.1(1) of the Act, the prescribed circumstances are that

    • (a) the error is obvious;

    • (b) the error is made by the Director;

    • (c) the cancellation of the articles and related certificate is ordered by a court; or

    • (d) the Director lacked the authority to issue the articles and related certificate.

  • (2) For the purpose of subsection 265.1(3) of the Act, the prescribed circumstances are that

    • (a) there is no dispute among the directors or shareholders on the circumstances of the request for cancellation; and

    • (b) the corporation has not used the articles and related certificate, or, if it has, if anyone dealing with the corporation on the basis of the articles and related certificate has consented to the cancellation.


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