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Difference between revisions of "Transition (Societies Act FAQs)"
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Transition (Societies Act FAQs) (view source)
Revision as of 18:26, 13 May 2021
, 18:26, 13 May 2021→Overview of the Societies Act
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*This transition application will require non-profits to make changes to their current constitution and bylaws, as well as re-file those documents in electronic format with the Corporate Registry. | *This transition application will require non-profits to make changes to their current constitution and bylaws, as well as re-file those documents in electronic format with the Corporate Registry. | ||
*Major change to the constitution is to remove any provisions outside the name and purposes of the non-profit. | *Major change to the constitution is to remove any provisions outside the name and purposes of the non-profit. | ||
*Special provisions will now have to be moved to the bylaws | *Special provisions will now have to be moved to the bylaws. | ||
*To make these changes, a non-profit will not be required to pass a special resolution at their AGM. Non-profits will be permitted to move these provisions for the transition application. | *To make these changes, a non-profit will not be required to pass a special resolution at their AGM. Non-profits will be permitted to move these provisions for the transition application. | ||
*When moving unalterable provisions out of the constitution, these provisions must be identified as "previously unalterable." Once a non-profit has transitioned, these unalterables can be changed by following the new Act's bylaw amendment procedures. | *When moving unalterable provisions out of the constitution, these provisions must be identified as "previously unalterable." Once a non-profit has transitioned, these unalterables can be changed by following the new Act's bylaw amendment procedures. | ||