by Tracey Rynard, Associate
When this legislation received Royal Assent on October 25, 2010, the in force date was to follow shortly thereafter. Unfortunately, twice we have seen the in force date pushed back.
Once again, the Ministry of Consumer Services, along with the Ministry of Government Services, who are responsible for the regulations surrounding the legislation, have determined that they require further time in order to ensure a smooth implementation.
The new expected in force date is July 1st, 2013.
The roll out of the tools to assist the transition is still expected to be forthcoming shortly and will include:
- Plain language guide to explain the legislation
- Transition checklist
- Draft default by-laws
You can read more about the legislation at: Not for Profit