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Message started by Jeannie VE3JNE on 11/17/12 at 10:59:52

Title: The Canada Not-for-profit Corporations Act
Post by Jeannie VE3JNE on 11/17/12 at 10:59:52

To all Clubs and RallySport Ontario Members

The Canada Not-for-profit Corporations Act (NFP Act) is now in force. Federal not-for-profit corporations are required to transition to the NFP Act. Until they have made the transition, the provisions of the “old legislation”, the Canada Corporations Act, Part II (CCA, Part II), will continue to apply to them. Ultimately, the old legislation will be repealed.

With CARS being a not-for-profit Corporation, we are required to transition to the new legislation by Oct 17, 2014. To do this we must ratify our by-laws at an EGM, which will likely be at the CARS AGM in Jan 2014.

CARS is forming a five-member committee to be made up of one member from each region to undertake this action on behalf of the organization. If you would like to be part of that committee, please contact me directly.

More info and the transition guide can be found here: http://www.ic.gc.ca/eic/site/cd-dgc.nsf ... 03925.html

Thank you,

Ray Felice
CARS Regional Rally Director - Ontario
president@rallysport.on.ca

___________________________________

Posted by Jeannie MacGillivray, RSO Secretary
secretary@rallysport.on.ca