Canada Elections Act

Marginal note:Effective date of merger

• 423 (1) A merger of registered parties takes effect on the day on which the Chief Electoral Officer amends the registry of political parties under subsection 422(1).

• Marginal note:Consequences of merger

  (2) On the merger of two or more registered parties,

  • (a) the merged party is the successor of each merging party;

  • (b) the merged party becomes a registered party;

  • (c) the assets of each merging party are transferred to the merged party;

  • (d) the merged party is responsible for the liabilities of each merging party;

  • (e) the merged party is responsible for the obligations of each merging party to report on its financial transactions and election expenses for any period before the merger took effect;

  • (f) the merged party replaces a merging party in any proceedings, whether civil, penal or administrative, by or against the merging party; and

  • (g) any decision of a judicial or quasi-judicial nature involving a merging party may be enforced by or against the merged party.

• Marginal note:Effect of merger on registered associations

  (3) On the merger of registered parties, any registered association of a merging party is deregistered and, despite paragraph 447(c), may transfer goods or funds to the merged party or a registered association of the merged party in the six months immediately after the merger. Any such transfer is not a contribution for the purposes of this Act.