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ARTICLE · 07 DECEMBER 2015

British Columbia Societies Act In Force

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On November 23, 2015, by Order in Council No. 673, the new British Columbia Societies Act was proclaimed as coming into force on November 28, 2016.

CanadaCorporate/Commercial Law

On November 23, 2015, by Order in Council No. 673, the new British Columbia Societies Act was proclaimed as coming into force on November 28, 2016. The new Societies Act replaces the current Society Act and modernizes the rules for the creation and governance of societies in British Columbia. It also places more emphasis on the transparency and accountability of societies. In a previous issue of this Newsletter, we reported on the significant changes that the new Societies Act will bring.

Transition of Pre-Existing Societies

Existing societies will have to transition under the new Act within two years after November 28, 2016. In order to transition, societies must file an application containing a constitution and bylaws. After November 28, 2016, pre-existing societies will be prohibited from altering their bylaws or amalgamating with other societies prior to transitioning.

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