Legislative Update – New Proclamation

The Government has issued the following Proclamation:

The Business Registration, Supervision and Ownership Transparency Act (Various Acts Amended) (S.M. 2019, c. 25)

  • sections 1, 2 and 9 and Parts 2 and 3 come into force on April 9, 2020
  • sections 3 to 8 and Part 4 to come into force on June 27, 2020

This act deals with Extra-Provincial Registrations, Supervision of Cooperatives, and Ownership Transparency. It makes amendments to The Business Names Registration Act, The Cooperatives Act, The Corporations Act and The Partnership Act.

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