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STATUS AND OVERVIEW OF CNCA
•Canada Not-for-Profit Corporations Act (“CNCA”) enacted on June 23, 2009, in force October 17, 2011
•Replaced Part II of Canada Corporations Act (“CCA”)
•The new rules do not apply automatically to CCA corporations
•Existing CCA corporations required to continue under the CNCA within 3 years - i.e., until October 17, 2014
•Failure will result in dissolution of the corporation
•See Industry Canada’s website for resources: http://strategis.ic.gc.ca/eic/site/cd-dgc.nsf/eng/h_cs03925.html
•See paper by Theresa Man “Working With The CNCA: Incorporation and Continuance.” April 2013, http://www.carters.ca/pub/article/charity/2013/tlm0408.pdf
•See Charity Law Bulletins Nos. 191, 193, 199, 213, 215, 220, 231, 239, 247 for practice tips
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