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Canada Cooperatives Act

Version of section 372 from 2018-05-01 to 2024-05-28:


Marginal note:Regulations

  •  (1) The Governor in Council may make regulations

    • (a) providing for anything that by this Act is to be prescribed or provided for by the regulations;

    • (b) defining, enlarging or restricting the meaning of any word or expression used but not defined in this Act;

    • (c) requiring the payment of a fee in respect of the receipt, examination, filing, issuance or copying of any document, or in respect of any action that the Director is required or authorized to take under this Act, and prescribing the amount of the fee or the manner of determining the fee;

    • (d) respecting the payment of any fees, including the time when and the manner in which the fees are to be paid, the additional fees that may be charged for the late payment of fees and the circumstances in which any fees previously paid may be refunded in whole or in part;

    • (d.1) prescribing, for the purposes of subsection 58(2.1), a manner of determining the number of investment shares required for a person to be eligible to make a proposal, including the time and manner of determining a value or percentage of the outstanding investment shares;

    • (d.2) prescribing, for the purposes of paragraph 58(4)(d), the minimum amount of support required in relation to the number of times the person has submitted substantially the same proposal within the prescribed period;

    • (e) prescribing rules with respect to exemptions permitted by this Act;

    • (f) respecting the powers that may be granted by a shareholder in a form of proxy;

    • (g) prescribing any matter necessary for the purposes of the application of Part 21.1, including the time and circumstances when an electronic document is to be considered to have been provided or received and the place where it is considered to have been provided or received;

    • (h) prescribing the manner of, and conditions for, participating in a meeting by means of a telephonic, electronic or other communication facility that permits all participants to communicate adequately with each other during the meeting; and

    • (i) prescribing, for the purposes of subsection 65(3), the manner of, and conditions for, voting at a meeting of a cooperative by means of a telephonic, electronic or other communication facility.

  • Marginal note:Incorporation by reference

    (2) The regulations may incorporate any material by reference, regardless of its source and either as it exists on a particular date or as amended from time to time.

  • Marginal note:Incorporated material is not a regulation

    (3) Material does not become a regulation for the purposes of the Statutory Instruments Act because it is incorporated by reference.

  • 1998, c. 1, s. 372
  • 2001, c. 14, s. 227
  • 2018, c. 8, s. 89

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