Society Law Reform - An Overview

On March 25, 2015 the British Columbia government introduced Bill 24 in the provincial legislature, to update and modernize the governance of non-profit entities in British Columbia. The Societies Act will repeal the existing Society Act and replace it with a more modern governance regime. This Article will provide a high-level overview of some of the key provisions of the new legislation. A copy of the full text of Bill 24 can be found on the legislature website . Future articles will each explore, in greater depth, various governance topics and issues highlighted below.

INTRODUCTION

This Bill is the end result of a variety of stakeholder consultations which have occurred over the past several years. It follows on extensive feedback received after the release of a draft bill and white paper commentary in the summer of 2014. Bill 24 appears to be modelled closely on the approach taken in the 2014 white paper.