By Michael Blatchford and Bryan Millman – Bull Housser**
The provincial legislation that creates and governs all societies in British Columbia is receiving an overhaul. The current Society Act dates from 1977 and while outdated in some respect remains the legislation of choice for not-for-profit organizations in BC.
The new Societies Act (the “Act”) was driven by a growing need to modernize the regulatory scheme governing societies in BC. On April 22, 2015, the Act received third reading at the BC legislature. The replacement legislation will likely...
The days of the current Society Act are officially numbered. It has now been announced that the new Societies Act will come into force on November 28, 2016.
As part of its plan to modernize the legislation governing not-for-profits in the province, on November 23, 2015 an Order in Council was passed setting November 28, 2016 as the date on which the new Societies Act will come into force. The Regulations to the Societies Act are also now publicly available and can be viewed on the website of the British Columbia Legislature.