Angel Ronan Toshokan Library Reports- provided by SDGCK.
May 10, 2023;
Dear Miss Blaglaivemattas;
Thank you for your question. In any event, we offer you the opportunity to provide our services to people in your, our community.
Note; These reports are not provided as a legal service but as a professional research library report. If you need legal services, contact Angel Ronan Entwerfen™. Ask for Warren. He is a nice guy.
The ONCA does not relate to your group as you are incorporated under the OBCA or the CBCA but not under the OCA. Your group is allowed to raise share capital but groups registered under the OCA that must concert with the provisions of the ONCA are quite different. They do not have share capital. Howard insists you can be referred to as a non profit corporation. You can say you are a non profit organisation or a non profit corporation in the sense that you are regular corporation with non profit activities and a formal non profit declaration.
The Meaning of Concert:
https://www.merriam-webster.com/dictionary/concert
The Business Corporations Act (Ontario);
ONCA is for groups that were previously registered under the OCA and that do not have share capital as not registered under the OBCA or the CBCA.
We have explained this to you. You are respected.
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You do not have to comply with ONCA legislation; therefore. It is non relevant legislation. The group will not dissolve their formal registration.
Please see the law in order to verify as attached confirming that ONCA does not relate to the Heritage Singers Canada Inc. Now that this question is resolved, lets talk about governance.
Governance.
Every corporation needs to complete certain regular yearly procedures that include:
1, An AGM Annual General meeting;
2. An annual return; and
3. An annual tax return if there is sufficient activity and earnings to file such a return.
Applying For Grants as a community musical group.
Your group can apply for grants in any event whether you are registered as a non profit or as a for profit corporation that makes its non profit declaration in its tax filings.
Please send us a donation as agreed for our time.
Please contact us as we would like you to be a director with us.
Thank you.
Note; pursuant to Hedley Byrne, this is not legal advice or a legal service but a research report.
By SDGCK; a UK Research Only Law Firm with services available in Canada as the SDGCK Research Firm and Research Library Report Service. If you have any questions, contact us. We operate in compliance with the Law Society of England and Wales and under the part 4 rules of the Law Society of Ontario. This is a general research library report.
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See the relevant provisions of ONCA below.
Application
4 (1) This Act applies, except where it is otherwise expressly provided, to,
(a) every body corporate without share capital incorporated by or under a general or special Act of the Parliament of the late Province of Upper Canada;
(b) every body corporate without share capital incorporated by or under a general or special Act of the Parliament of the late Province of Canada that has its registered office and carries on its activities in Ontario and that was incorporated with purposes that are within the legislative authority of the Province of Ontario; and
(c) every body corporate without share capital incorporated by or under a general or special Act of the Legislature. 2010, c. 15, s. 4 (1).
Same, corporations sole
(1.1) This Act does not apply, except as is prescribed, to,
(a) a body corporate incorporated by or under a general or special Act of the Parliament of the late Province of Upper Canada as a corporation sole;
(b) a body corporate incorporated by or under a general or special Act of the Parliament of the late Province of Canada that has its registered office and carries on its activities in Ontario and that was incorporated with purposes that are within the legislative authority of the Province of Ontario as a corporation sole; or
(c) a body corporate incorporated by or under a general or special Act of the Legislature as a corporation sole. 2017, c. 20, Sched. 8, s. 2 (1).
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