The Societies Act, SBC 2015, c18 (the “Act”) came into force on November 28, 2016 and replaced the former Society Act, RSBC 1996, c 433. The Act included significant updates to provide more flexibility to how societies operate, while still protecting the public interest and ensuring accountability in their governance and management of funds.
Since the enactment of the
On November 23, 2015, the Lieutenant Governor in Council issued Order No. 673, which provided that the British Columbia Societies Act (the “New Act”) will come into force on November 28, 2016, replacing the existing Society Act (the “Existing Act”). Order No. 673 also introduced the new Societies Regulation (the “Regulation”) which provides model bylaws for ...
On March 25, 2015, Minister of Finance Michael de Jong introduced Bill 24, the Societies Act, in the British Columbia Legislature. The Bill, which received Royal Assent on May 14, 2015, substantially reforms the current not-for-profit legislative regime. It repeals and replaces the existing Society Act, which governed over 27,000 not-for-profit legal entities in ...
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