Limited clarity on how the transition process under the Societies Act will affect those organizations with community gaming grant funding has been provided by the BC Corporate Registry in an FAQ posted to its website.
Search Results for: member funded
Get ready for the new BC Societies Act
The new Societies Act (the “New Act”) will govern all new and pre-existing societies in BC as of November 28, 2016. The New Act merges modern business corporations laws with special considerations for the charity and non-profit sector. Overall, the New Act takes a common-sense approach to bringing BC’s societies laws into the new millennium.