Societies Act coming into force in November 2016
November 26, 2015
BY British Columbia Law Institute
The law governing not-for-profit corporations in British Columbia is going to change dramatically in a little over a year, with the announcement that the new Societies Act will come into force on 28 November 2016.
The Societies Act will usher in a host of changes for societies. BC Registry Services is rolling out information online about the new act, starting with a detailed review of the major changes from the old act.
In addition to being the date on which the new act comes into force, 28 November 2016 will also start the two-year period for pre-existing societies to transition from the old to the new act.
Along with the order in council setting the in-force date of the act, the government has also given the public its first look a the Societies Regulation, which will also become effective on 28 November 2016.
From 2006 to 2008, BCLI carried out its Society Act Reform Project, which was a key contributor to the new Societies Act. BCLI’s final report, along with all other documents published over the course of the project, are available on the project webpage.