Societies Act comes into force today
28 November 2016
By Kevin Zakreski
Today British Columbia’s new not-for-profit corporate statute, the Societies Act, comes into force. The new act replaces the old Society Act.
Today also marks the beginning of a two-year transition period, for existing societies to transition from the old act to the new act. Both the government of British Columbia (PDF) and the People’s Law School have published guides on the transition process.
The Societies Act contains a host of changes for British Columbia’s not-for-profit sector. Some useful resources that explain these changes have been made available online by the government of British Columbia, Courthouse Libraries BC (resources available on their website and their Vimeo page), and Volunteer Victoria (PDF).
BCLI has been engaged in law-reform work on this topic since 2006. All our publications in this area are available on the Society Act Reform Project webpage.