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The Times they are a-changing: Society Act Changes Proposed

In the last several years we have seen  substantial changes to a number of important provincial statutes.  Recently, fundamental changes have been made to the Family Relations Act.  In  our  blog we have just recently commented on the proposed changes to the Limitation Act which will have significant implications for many British Columbians as to when they must commence a lawsuit.  Changes have already been made to the Power of Attorney Act and of course, there are further  far reaching changes proposed in the entire area of  Wills and Estate law in the legislative package known as WESA ( See some of  our  blog posts and articles in the Preservation section of  the Clark Wilson LLP website.)

But there is yet another set of proposed changes in legislation which applies to the governance of those non-profits that come within the Society Act’s legislative framework.

In December 2011, the  Provincial government, through the  Ministry of Finance,  published a discussion paper on various proposed changes. (See Society Act Review Discussion Paper on Ministry’s website.) Now the British Columbia Law Institute has released it’s response entitled Supplementary Report on Proposals for a New Society Act.  You can read the full report on their website, but here are a few highlights: