99.3(1)A corporation shall prepare and maintain, at its registered office or at any other prescribed place, a register of individuals with significant control over the corporation that contains the following information: 

99.3(2)At least once during each financial year of a corporation, the corporation shall take reasonable steps, including any prescribed steps, to ensure that it has identified all individuals with significant control over the corporation and that the information in the register is accurate, complete and up-to-date.

99.3(3)When a corporation becomes aware of any information referred to in paragraph (1)(a), (b), (c), (d), (e) or (f) as a result of steps taken in accordance with subsection (2) or through any other means, the corporation shall record that information in the register within 15 days of becoming aware of it.

99.3(4)When a corporation requests information referred to in paragraph (1)(a), (b), (c), (d), (e) or (f) from one of its shareholders, the shareholder shall, to the best of the shareholder’s knowledge, reply accurately and completely as soon as possible.

99.3(5)Within one year after the sixth anniversary of the day on which an individual ceases to be an individual with significant control over the corporation, the corporation, subject to any other laws of the Province or of Canada that provide for a longer retention period, shall dispose of any of that individual’s personal information, as defined in the Right to Information and Protection of Privacy Act, that is recorded in the register.

99.3(6)A corporation that, without reasonable cause, violates or fails to comply with subsection (1) commits an offence punishable under Part 2 of the Provincial Offences Procedure Act as a category F offence.

99.3(7) A shareholder who, without reasonable cause, violates or fails to comply with subsection (4) commits an offence punishable under Part 2 of the Provincial Offences Procedure Act as a category F offence.

99.3(1)A corporation shall prepare and maintain, at its registered office or at any other prescribed place, a register of individuals with significant control over the corporation that contains the following information: 

99.3(2)At least once during each financial year of a corporation, the corporation shall take reasonable steps, including any prescribed steps, to ensure that it has identified all individuals with significant control over the corporation and that the information in the register is accurate, complete and up-to-date.

99.3(3)When a corporation becomes aware of any information referred to in paragraph (1)(a), (b), (c), (d), (e) or (f) as a result of steps taken in accordance with subsection (2) or through any other means, the corporation shall record that information in the register within 15 days of becoming aware of it.

99.3(4)When a corporation requests information referred to in paragraph (1)(a), (b), (c), (d), (e) or (f) from one of its shareholders, the shareholder shall, to the best of the shareholder’s knowledge, reply accurately and completely as soon as possible.

99.3(5)Within one year after the sixth anniversary of the day on which an individual ceases to be an individual with significant control over the corporation, the corporation, subject to any other laws of the Province or of Canada that provide for a longer retention period, shall dispose of any of that individual’s personal information, as defined in the Right to Information and Protection of Privacy Act, that is recorded in the register.

99.3(6)A corporation that, without reasonable cause, violates or fails to comply with subsection (1) commits an offence punishable under Part 2 of the Provincial Offences Procedure Act as a category F offence.

99.3(7) A shareholder who, without reasonable cause, violates or fails to comply with subsection (4) commits an offence punishable under Part 2 of the Provincial Offences Procedure Act as a category F offence.