Acts and Regulations

C-13 - Companies Act

Section 1.2
Disposition versions

Full text
Effect of the Business Corporations Act
1.2(1)Subject to subsection (3), after the coming into force of the Business Corporations Act letters patent incorporating a company shall not be issued under this Act.
1.2(2)Supplementary letters patent and letters patent amalgamating companies shall not be issued under this Act after two years following the coming into force of the Business Corporations Act.
1.2(3)Notwithstanding subsection (1), letters patent incorporating a club or association referred to in section 16 or a company referred to in section 18 or in Part II may be issued under this Act after the coming into force of the Business Corporations Act and notwithstanding subsection (2) supplementary letters patent with respect to such clubs, associations or companies or letters patent amalgamating such clubs, associations or companies may be issued under this Act after the time stipulated therein.
1.2(3.1)Notwithstanding subsection (2), supplementary letters patent may be issued under this Act after the time stipulated in subsection (2)
(a) to a body corporate referred to in paragraph 2(b) of the Loan and Trust Companies Act,
(i) for one year after the commencement of the Loan and Trust Companies Act,
(ii) if it applies for letters patent of continuance in accordance with paragraph 3(1)(a) of the Loan and Trust Companies Act and a first licence under that Act, until the Minister of Justice issues or refuses to issue the letters patent of continuance and the first licence,
(iii) if it applies to be continued in another jurisdiction in accordance with paragraph 3(1)(b) of the Loan and Trust Companies Act, until the Minister of Justice issues a certificate referred to in subsection 4(2) of that Act or a certificate of discontinuance, as the case may be, or
(iv) if it applies for a certificate of continuance under the Business Corporations Act in accordance with paragraph 3(1)(c) of the Loan and Trust Companies Act, until the Minister of Justice issues a certificate of discontinuance referred to in subsection 29(5) of the Loan and Trust Companies Act,
whichever is earliest, and
(b) to an insurance company.
1.2(4)After the coming into force of the Business Corporations Act no charter shall be revived under this Act except the charter of a club or association referred to in section 16 or a company referred to in section 18 or Part II.
1.2(5)This section applies notwithstanding any other provision in this Act.
1981, c.12, s.1; 1982, c.16, s.1; 1983, c.19, s.1; 1986, c.18, s.3; 1987, c.L-11.2, s.280; 1991, c.27, s.10; 2002, c.15, s.1; 2002, c.29, s.3; 2006, c.16, s.43; 2012, c.39, s.52; 2016, c.37, s.35; 2019, c.2, s.27
Effect of the Business Corporations Act
1.2(1)Subject to subsection (3), after the coming into force of the Business Corporations Act letters patent incorporating a company shall not be issued under this Act.
1.2(2)Supplementary letters patent and letters patent amalgamating companies shall not be issued under this Act after two years following the coming into force of the Business Corporations Act.
1.2(3)Notwithstanding subsection (1), letters patent incorporating a club or association referred to in section 16 or a company referred to in section 18 or in Part II may be issued under this Act after the coming into force of the Business Corporations Act and notwithstanding subsection (2) supplementary letters patent with respect to such clubs, associations or companies or letters patent amalgamating such clubs, associations or companies may be issued under this Act after the time stipulated therein.
1.2(3.1)Notwithstanding subsection (2), supplementary letters patent may be issued under this Act after the time stipulated in subsection (2)
(a) to a body corporate referred to in paragraph 2(b) of the Loan and Trust Companies Act,
(i) for one year after the commencement of the Loan and Trust Companies Act,
(ii) if it applies for letters patent of continuance in accordance with paragraph 3(1)(a) of the Loan and Trust Companies Act and a first licence under that Act, until the Minister of Justice and Public Safety issues or refuses to issue the letters patent of continuance and the first licence,
(iii) if it applies to be continued in another jurisdiction in accordance with paragraph 3(1)(b) of the Loan and Trust Companies Act, until the Minister of Justice and Public Safety issues a certificate referred to in subsection 4(2) of that Act or a certificate of discontinuance, as the case may be, or
(iv) if it applies for a certificate of continuance under the Business Corporations Act in accordance with paragraph 3(1)(c) of the Loan and Trust Companies Act, until the Minister of Justice and Public Safety issues a certificate of discontinuance referred to in subsection 29(5) of the Loan and Trust Companies Act,
whichever is earliest, and
(b) to an insurance company.
1.2(4)After the coming into force of the Business Corporations Act no charter shall be revived under this Act except the charter of a club or association referred to in section 16 or a company referred to in section 18 or Part II.
1.2(5)This section applies notwithstanding any other provision in this Act.
1981, c.12, s.1; 1982, c.16, s.1; 1983, c.19, s.1; 1986, c.18, s.3; 1987, c.L-11.2, s.280; 1991, c.27, s.10; 2002, c.15, s.1; 2002, c.29, s.3; 2006, c.16, s.43; 2012, c.39, s.52; 2016, c.37, s.35
Effect of the Business Corporations Act
1.2(1)Subject to subsection (3), after the coming into force of the Business Corporations Act letters patent incorporating a company shall not be issued under this Act.
1.2(2)Supplementary letters patent and letters patent amalgamating companies shall not be issued under this Act after two years following the coming into force of the Business Corporations Act.
1.2(3)Notwithstanding subsection (1), letters patent incorporating a club or association referred to in section 16 or a company referred to in section 18 or in Part II may be issued under this Act after the coming into force of the Business Corporations Act and notwithstanding subsection (2) supplementary letters patent with respect to such clubs, associations or companies or letters patent amalgamating such clubs, associations or companies may be issued under this Act after the time stipulated therein.
1.2(3.1)Notwithstanding subsection (2), supplementary letters patent may be issued under this Act after the time stipulated in subsection (2)
(a) to a body corporate referred to in paragraph 2(b) of the Loan and Trust Companies Act,
(i) for one year after the commencement of the Loan and Trust Companies Act,
(ii) if it applies for letters patent of continuance in accordance with paragraph 3(1)(a) of the Loan and Trust Companies Act and a first licence under that Act, until the Minister of Justice issues or refuses to issue the letters patent of continuance and the first licence,
(iii) if it applies to be continued in another jurisdiction in accordance with paragraph 3(1)(b) of the Loan and Trust Companies Act, until the Minister of Justice issues a certificate referred to in subsection 4(2) of that Act or a certificate of discontinuance, as the case may be, or
(iv) if it applies for a certificate of continuance under the Business Corporations Act in accordance with paragraph 3(1)(c) of the Loan and Trust Companies Act, until the Minister of Justice issues a certificate of discontinuance referred to in subsection 29(5) of the Loan and Trust Companies Act,
whichever is earliest, and
(b) to an insurance company.
1.2(4)After the coming into force of the Business Corporations Act no charter shall be revived under this Act except the charter of a club or association referred to in section 16 or a company referred to in section 18 or Part II.
1.2(5)This section applies notwithstanding any other provision in this Act.
1981, c.12, s.1; 1982, c.16, s.1; 1983, c.19, s.1; 1986, c.18, s.3; 1987, c.L-11.2, s.280; 1991, c.27, s.10; 2002, c.15, s.1; 2002, c.29, s.3; 2006, c.16, s.43; 2012, c.39, s.52
Effect of the Business Corporations Act
1.2(1)Subject to subsection (3), after the coming into force of the Business Corporations Act letters patent incorporating a company shall not be issued under this Act.
1.2(2)Supplementary letters patent and letters patent amalgamating companies shall not be issued under this Act after two years following the coming into force of the Business Corporations Act.
1.2(3)Notwithstanding subsection (1), letters patent incorporating a club or association referred to in section 16 or a company referred to in section 18 or in Part II may be issued under this Act after the coming into force of the Business Corporations Act and notwithstanding subsection (2) supplementary letters patent with respect to such clubs, associations or companies or letters patent amalgamating such clubs, associations or companies may be issued under this Act after the time stipulated therein.
1.2(3.1)Notwithstanding subsection (2), supplementary letters patent may be issued under this Act after the time stipulated in subsection (2)
(a) to a body corporate referred to in paragraph 2(b) of the Loan and Trust Companies Act,
(i) for one year after the commencement of the Loan and Trust Companies Act,
(ii) if it applies for letters patent of continuance in accordance with paragraph 3(1)(a) of the Loan and Trust Companies Act and a first licence under that Act, until the Minister of Justice issues or refuses to issue the letters patent of continuance and the first licence,
(iii) if it applies to be continued in another jurisdiction in accordance with paragraph 3(1)(b) of the Loan and Trust Companies Act, until the Minister of Justice issues a certificate referred to in subsection 4(2) of that Act or a certificate of discontinuance, as the case may be, or
(iv) if it applies for a certificate of continuance under the Business Corporations Act in accordance with paragraph 3(1)(c) of the Loan and Trust Companies Act, until the Minister of Justice issues a certificate of discontinuance referred to in subsection 29(5) of the Loan and Trust Companies Act,
whichever is earliest, and
(b) to an insurance company.
1.2(4)After the coming into force of the Business Corporations Act no charter shall be revived under this Act except the charter of a club or association referred to in section 16 or a company referred to in section 18 or Part II.
1.2(5)This section applies notwithstanding any other provision in this Act.
1981, c.12, s.1; 1982, c.16, s.1; 1983, c.19, s.1; 1986, c.18, s.3; 1987, c.L-11.2, s.280; 1991, c.27, s.10; 2002, c.15, s.1; 2002, c.29, s.3; 2006, c.16, s.43; 2012, c.39, s.52
Effect of the Business Corporations Act
1.2(1)Subject to subsection (3), after the coming into force of the Business Corporations Act letters patent incorporating a company shall not be issued under this Act.
1.2(2)Supplementary letters patent and letters patent amalgamating companies shall not be issued under this Act after two years following the coming into force of the Business Corporations Act.
1.2(3)Notwithstanding subsection (1), letters patent incorporating a club or association referred to in section 16 or a company referred to in section 18 or in Part II may be issued under this Act after the coming into force of the Business Corporations Act and notwithstanding subsection (2) supplementary letters patent with respect to such clubs, associations or companies or letters patent amalgamating such clubs, associations or companies may be issued under this Act after the time stipulated therein.
1.2(3.1)Notwithstanding subsection (2), supplementary letters patent may be issued under this Act after the time stipulated in subsection (2)
(a) to a body corporate referred to in paragraph 2(b) of the Loan and Trust Companies Act,
(i) for one year after the commencement of the Loan and Trust Companies Act,
(ii) if it applies for letters patent of continuance in accordance with paragraph 3(1)(a) of the Loan and Trust Companies Act and a first licence under that Act, until the Minister of Justice and Consumer Affairs issues or refuses to issue the letters patent of continuance and the first licence,
(iii) if it applies to be continued in another jurisdiction in accordance with paragraph 3(1)(b) of the Loan and Trust Companies Act, until the Minister of Justice and Consumer Affairs issues a certificate referred to in subsection 4(2) of that Act or a certificate of discontinuance, as the case may be, or
(iv) if it applies for a certificate of continuance under the Business Corporations Act in accordance with paragraph 3(1)(c) of the Loan and Trust Companies Act, until the Minister of Justice and Consumer Affairs issues a certificate of discontinuance referred to in subsection 29(5) of the Loan and Trust Companies Act,
whichever is earliest, and
(b) to an insurance company.
1.2(4)After the coming into force of the Business Corporations Act no charter shall be revived under this Act except the charter of a club or association referred to in section 16 or a company referred to in section 18 or Part II.
1.2(5)This section applies notwithstanding any other provision in this Act.
1981, c.12, s.1; 1982, c.16, s.1; 1983, c.19, s.1; 1986, c.18, s.3; 1987, c.L-11.2, s.280; 1991, c.27, s.10; 2002, c.15, s.1; 2002, c.29, s.3; 2006, c.16, s.43
Effect of the Business Corporations Act
1.2(1)Subject to subsection (3), after the coming into force of the Business Corporations Act letters patent incorporating a company shall not be issued under this Act.
1.2(2)Supplementary letters patent and letters patent amalgamating companies shall not be issued under this Act after two years following the coming into force of the Business Corporations Act.
1.2(3)Notwithstanding subsection (1), letters patent incorporating a club or association referred to in section 16 or a company referred to in section 18 or in Part II may be issued under this Act after the coming into force of the Business Corporations Act and notwithstanding subsection (2) supplementary letters patent with respect to such clubs, associations or companies or letters patent amalgamating such clubs, associations or companies may be issued under this Act after the time stipulated therein.
1.2(3.1)Notwithstanding subsection (2), supplementary letters patent may be issued under this Act after the time stipulated in subsection (2)
(a) to a body corporate referred to in paragraph 2(b) of the Loan and Trust Companies Act,
(i) for one year after the commencement of the Loan and Trust Companies Act,
(ii) if it applies for letters patent of continuance in accordance with paragraph 3(1)(a) of the Loan and Trust Companies Act and a first licence under that Act, until the Minister of Justice and Consumer Affairs issues or refuses to issue the letters patent of continuance and the first licence,
(iii) if it applies to be continued in another jurisdiction in accordance with paragraph 3(1)(b) of the Loan and Trust Companies Act, until the Minister of Justice and Consumer Affairs issues a certificate referred to in subsection 4(2) of that Act or a certificate of discontinuance, as the case may be, or
(iv) if it applies for a certificate of continuance under the Business Corporations Act in accordance with paragraph 3(1)(c) of the Loan and Trust Companies Act, until the Minister of Justice and Consumer Affairs issues a certificate of discontinuance referred to in subsection 29(5) of the Loan and Trust Companies Act,
whichever is earliest, and
(b) to an insurance company.
1.2(4)After the coming into force of the Business Corporations Act no charter shall be revived under this Act except the charter of a club or association referred to in section 16 or a company referred to in section 18 or Part II.
1.2(5)This section applies notwithstanding any other provision in this Act.
1981, c.12, s.1; 1982, c.16, s.1; 1983, c.19, s.1; 1986, c.18, s.3; 1987, c.L-11.2, s.280; 1991, c.27, s.10; 2002, c.15, s.1; 2002, c.29, s.3; 2006, c.16, s.43