Short Title

1 These Regulations may be cited as the Corporations and Labour Unions Returns Act Regulations.

Interpretation

2 In these Regulations, Act means the Corporations and Labour Unions Returns Act.

3 [Repealed, SOR/86-430, s. 1]

Gross Revenue and Assets

3.1 For the purpose of subparagraph 3(1)(a)(i) of the Act, the gross revenue of a corporation for a reporting period from the business carried on by it in Canada shall, depending on the method ordinarily used by the corporation in computing its profits, be determined by adding together the amounts received or the amounts receivable in that period by reason of that business, other than as or on account of capital.

3.2 For the purpose of subparagraph 3(1)(a)(ii) of the Act, the assets of a corporation as of the last day of a reporting period shall be determined

• (a) in the case of a corporation resident in Canada, by adding together the value of each asset of the corporation that was included in the balance sheet of the corporation made up as of the last day of the reporting period in accordance with generally accepted accounting principles; and

• (b) in the case of any other corporation, by adding together the value of each asset of the corporation that was included in the balance sheet of the corporation made up as of the last day of the reporting period in accordance with generally accepted accounting principles and was

  • (i) situated in Canada on the last day of the reporting period, and

  • (ii) used in the reporting period primarily for the purpose of the business carried on by the corporation in Canada.

Exempted Corporations

4 A corporation that has filed returns pursuant to the Statistics Act or the Income Tax Act from which the information required to be provided pursuant to section 4.1 of the Act in respect of that Corporation can be obtained by the Chief Statistician of Canada is exempt from the application of section 4.1 of the Act.

Forms and Information for Returns

• 5 (1) The return required to be filed pursuant to subsection 4(1) of the Act shall be in the form set out in Schedule II.

• (2) Each corporation that files a return in the form prescribed by subsection (1) shall include therein in addition to the particulars required by subsection 4(1) of the Act, the information required in that form.

• 6 (1) Where a corporation is required to file a return by section 4.1 of the Act, the return shall be in the form set out in Schedule III.

• (2) Where a corporation is required to file a return by section 4.2 of the Act, the return shall be in the form set out in Schedule IV.

• (3) Each corporation that files a return in the form prescribed by subsection (1) or (2) shall include therein the information required by that form.

7 [Repealed, SOR/86-430, s. 3]

• 8 (1) The return required to be filed pursuant to paragraph 10(1)(a) of the Act shall be

  • (a) in Form 1 of Schedule V, in the case of every labour union having its headquarters situated in Canada; and

  • (b) in Form 2 of Schedule V, in the case of every labour union having its headquarters situated outside Canada.

• (2) Each labour union that files a return in a form prescribed by subsection (1) shall, in addition to the information and particulars required by subparagraph 10(1)(a) of the Act, include therein all the information required in that form and, where the labour union has more than one local, provide the particulars and the information relating to each such local on a separate copy of the appendix to the form.

• 9 (1) The return required to be filed pursuant to paragraph 10(1)(b) of the Act shall be

  • (a) comprised of Forms 1, 2 and 3 of Schedule VI, in the case of a union with headquarters situated in Canada; and

  • (b) comprised of Forms 1, 2, 3 and 4 of Schedule VI, in the case of a union with headquarters situated outside Canada.

• (2) Each labour union that files a return in the forms prescribed by subsection (1) shall include therein all the information required in those forms.

Fees

10 The fee payable for making available the information referred to in subsection 14(1) of the Act for inspection by any person

• (a) in respect of any number of

  • (i) corporations not exceeding 10, or

  • (ii) unions not exceeding 10,

  shall be $1 for each corporation or union, as the case may be;

• (b) in respect of any number of

  • (i) corporations exceeding 10 but not exceeding 20, or

  • (ii) unions exceeding 10 but not exceeding 20,

  shall be $10 plus, for each corporation or union, as the case may be, exceeding 10, 50 cents; and

• (c) in respect of any number of

  • (i) corporations exceeding 20, or

  • (ii) unions exceeding 20,

  shall be $15 plus, for each corporation or union, as the case may be, exceeding 20, 10 cents.

Communication of Privileged Information

11 Privileged information in a return filed by a corporation pursuant to section 4.1 or 4.2 of the Act that may otherwise be communicated or allowed to be communicated to any official pursuant to subsection 15(4.1) of the Act shall not be communicated to an official of such part of any department or agency of the Government of Canada as is set out in Schedule VII.

SCHEDULE III(Section 6)Annual Return of Corporations

Financial Return

Authority — Corporations and Labour Unions Returns Act

Company Name:

Address:

City: Province:

Postal Code:

Instructions

• 1 

  This return shall be filed for the annual reporting period by a holding corporation with respect to itself and its subsidiaries. Where the corporation is not a holding corporation or a subsidiary, it shall file a return with respect to itself.
• 2 

  Send the completed return to CALURA ADMINISTRATION, INDUSTRIAL ORGANIZATION AND FINANCE DIVISION, STATISTICS CANADA, OTTAWA, CANADA, K1A 9Z9.
• 3 

  All amounts should be expressed in thousands of Canadian dollars.
• 4 

  If the CICA method of conversion from foreign to Canadian currency was not used, indicate the method used in the space reserved for Notes and Explanations.
• 5 

  Reporting period: from to

yearmonthdayyearmonthday

Investments in Other Corporations and Joint Ventures

• A 

  Investments in Canadian subsidiaries.

  

  Name of Subsidiaries Mailing Address

  

• B 

  Investments in Other Canadian Corporations and Joint Ventures:

Name of Corporations and Joint VenturesMailing Address

Balance Sheet

Assets

Current assets
1	Cash and short term deposits
2	Securities, loans, advances
3	Accounts receivable
4	Inventories
5	Due from affiliates
6	Other current assets
Total current assets
Long-term assets
7	Investment in affiliates
8	Mortgages, investments, loans
9	Fixed assets net
10	Other long-term assets
Total assets

Liabilities and Shareholders’ Equity

Current liabilities
1	Bank loans and overdraft
2	Loans, advances, deposits
3	Accounts payable
4	Accounts payable
5	Other current liabilities
Total current liabilities
Long-term liabilities
6	Deferred income
7	Due to shareholders or affiliates
8	Due to shareholders or affiliates
9	Other long-term liabilities
Total liabilities
Shareholders’ equity
1	Preferred shares
2	Common shares
3	Retained earnings
4	Other surplus
Total Shareholders’ equity
Total liabilities and shareholders’ equity

Statement of Changes in Financial Position

Financial resources were provided by:
1	Net income (loss) for the period
	Items not involving current funds —
2	Depreciation
3	Deferred income taxes
4	Other sources
Financial resources were used for:
5	Additions to fixed assets
6	Dividends
7	Other
Increase in working capital
Working capital at beginning of year
Working capital at end of year

Notes and Explanations:

Certification: Each of the undersigned officers of the above corporation hereby certifies is to the best of their knowledge and belief, correct and complete.

Name (in block letters):	Signature:
Position or rank of officer:	Area code:	Telephone number:	Date:
Name (in block letters):	Signature:
Position or rank of officer:	Area code:	Telephone number:	Date:

(To be signed by the President or Vice-President of the corporation filing the return and by one other officer thereof or another person duly authorized by the board of directors or other governing body of the corporation.)

• SOR/86-430, s. 5

SCHEDULE IV(Section 6)Annual Return of Corporations

Transfer of Technology Return

Authority — Corporations and Labour Unions Returns Act

Company Name:

Address:

City: Province:

Postal Code:

Instructions

• 1 

  IF YOUR CORPORATION DOES NOT HAVE TRANSFERS OF TECHNOLOGY FROM NON-RESIDENTS, PLEASE DISREGARD THIS FORM.
• 2 

  This return shall be filed for the annual reporting period by the holding corporation with respect to itself and its subsidiaries. Where the corporation is not a holding corporation or a subsidiary, it shall file a return with respect to itself.
• 3 

  All amounts should be expressed in thousands of Canadian dollars.
• 4 

  Do not include software licences.
• 5 

  Reporting period: from to

yearmonthdayyearmonthday

AMOUNTS PAID TO NON-RESIDENTS WITH RESPECT TO TRANSFERS OF TECHNOLOGY

		Amount paid  ($000’s)
1	Scientific research and development
2	Royalties and fees for:
	(a) patents
	(b) licences and technical know how
	(c) industrial designs
3	Other payments for transfers of technology

Certification: Each of the undersigned officers of the above corporation hereby certifies that this return and each statement comprised herein has been examined by them and that it is to the best of their knowledge and belief, correct and complete.

Name (in block letters):	Signature:
Position or rank of officer:	Area code:	Telephone number:	Date:
Name (in block letters):	Signature:
Position or rank of officer:	Area code:	Telephone number:	Date:

(To be signed by the President or Vice-President of the corporation filing the return and by one other officer thereof or another person duly authorized by the board of directors or other governing body of the corporation).

• SOR/86-430, s. 5