Canada Business Corporations Act (R.S.C., 1985, c. C-44)

RELATED PROVISIONS

• — R.S., 1985, c. 27 (2nd Supp.), s. 11

  • Transitional: proceedings

    11 Proceedings to which any of the provisions amended by the schedule apply that were commenced before the coming into force of section 10 shall be continued in accordance with those amended provisions without any further formality.

• — 1990, c. 17, s. 45(1)

  • Transitional: proceedings

    • 45 (1) Every proceeding commenced before the coming into force of this subsection and in respect of which any provision amended by this Act applies shall be taken up and continued under and in conformity with that amended provision without any further formality.

• — 1994, c. 21, s. 125(2)

  • • 125 (2) Subsection (1) applies after 1988.

• — 1994, c. 24, s. 33

  • Review of Canada Business Corporations Act

    • 33 (1) Within three years after the day on which this Act is assented to, the Minister shall cause to be laid before both Houses of Parliament a report on the provisions and operation of the Canada Business Corporations Act, including any recommendations for amendments to that Act.

    • Reference to parliamentary committee

      (2) The report stands referred to the committee of the House of Commons, or of both Houses of Parliament, that is designated or established for that purpose, which shall

      • (a) as soon as possible thereafter review the report and undertake a comprehensive review of the provisions and operation of the Canada Business Corporations Act; and

      • (b) report to the House of Commons, or to both Houses of Parliament, within one year after the laying of the report of the Minister or any further time that the House of Commons, or both Houses of Parliament, may authorize.

• — 1996, c. 10, s. 214

  • Previous continuance of railway companies

    214 No continuance of a railway company granted under section 187 of the Canada Business Corporations Act before section 212 comes into force is invalid because the company was incorporated by or under an Act of Parliament.

• — 1998, c. 30, s. 10

  • Transitional — proceedings

    10 Every proceeding commenced before the coming into force of this section and in respect of which any provision amended by sections 12 to 16 applies shall be taken up and continued under and in conformity with that amended provision without any further formality.

• — 2001, c. 14, s. 136

  • Review of Canada Business Corporations Act

    136 A committee of the Senate, of the House of Commons or of both Houses of Parliament that is designated or established for the purpose shall, within five years after the coming into force of this section, and within every ten years thereafter, undertake a review of the provisions and operations of the Canada Business Corporations Act, and shall, within a reasonable period thereafter, cause to be laid before each House of Parliament a report thereon.

• — 2001, c. 14, s. 233

  • 233 Part XIX.1 of the Canada Business Corporations Act, as enacted by section 115 of this Act, does not apply to any proceeding commenced before the coming into force of that section.

• — 2009, c. 23, s. 297(6)

  • Time limit for continuance

    • 297 (6) Despite any provision of the Canada Corporations Act, a body corporate referred to in subsection (2) that does not apply for a certificate of continuance under section 187 of the Canada Business Corporations Act within six months after the day on which this subsection comes into force is dissolved on the expiry of that period.

• — 2011, c. 25, s. 42

  • Submission to Minister

    • 42 (1) The Corporation must submit an application for continuance under one of the following Acts for the Minister’s approval:

      • (a) the Canada Business Corporations Act;

      • (b) the Canada Cooperatives Act; or

      • (c) the Canada Not-for-profit Corporations Act.

    • Deadline

      (2) The application must be submitted to the Minister within four years, or any shorter period specified by the Minister, after the day on which this Part comes into force.

    • Submission to applicable authorities

      (3) Once the application has been approved by the Minister, the Corporation must submit the application to the applicable authorities under the relevant Act.

    • Application not invalid

      (4) The application is not invalid solely because the Corporation is incorporated by an Act of Parliament.

• — 2012, c. 19, s. 210

  • Status of PPP Canada Inc.

    210 Except as provided in this Division, PPP Canada Inc., incorporated under the Canada Business Corporations Act, is not an agent of Her Majesty in right of Canada.

• — 2018, c. 8, s. 107.1

  • Review

    • 107.1 (1) On the fifth anniversary of the day on which section 24 of this Act comes into force, the provisions under Part XIV.1 of the Canada Business Corporations Act are to be referred to a committee of the Senate, of the House of Commons or of both Houses of Parliament that may be designated or established for the purpose of reviewing those provisions.

    • Report to Parliament

      (2) The committee referred to in subsection (1) shall, within a reasonable time after a review is completed, submit a report on that review to the Senate, the House of Commons or both Houses of Parliament, as the case may be.