www.charitylaw.ca
www.carters.ca
b)Overview
of CNCA Continuance
•New CNCA rules do not
automatically apply to CCA corporations (must apply to
continue)
•Charities need to prepare new
corporate documents (Articles and By-laws)
•Board and membership approval is
required (at least 2/3 for Articles/check current corporate documents
for possible higher approval)
•File required documents with
Industry Canada
•Industry Canada will issue a
Certificate of Continuance
•Charities must send Certificate,
Articles and By-laws to CRA and Ontario Public Guardian and
Trustee
•If not continued by October 17,
2014, Industry Canada will send out Notices of Intention to
dissolve, giving the charity 120 days after the notice to
continue
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