Bill 78: Obligations Of Registrants

Bill 78, entitled An act mainly to improve the transparency of enterprises¹("Transparency Act"), amending the Act respecting the legal publicity of enterprises ("Publicity Act"), requires that "registrants", as that term is defined in the Publicity Act, disclose the following information:

Date of Birth of Natural Persons

Commencing when the Transparency Act comes into force, registrants' registration declarations must contain to the Enterprise Registrar of Quebec² ("REQ") the date of birth of any individual for whom the Publicity Act requires identification, including:

1. the natural persons who are registrants;
2. the president, the secretary and the chief executive officer of a registrant;