Amendments to BC's Business Corporations Act take effect May 1, 2020
(Original Course Date: March 11, 2020)
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Who should attend: Lawyers who advise BC corporations. This course may also be of interest to in-house counsel at BC corporations.
Learning level: All levels
On April 6, 2020 (after the original course date), the deadline for Transparency Registers was extended from May 1 to October 1, 2020. The BC Regulations on Transparency Registers was also updated to include new exclusions to the category of companies required to have transparency registers.
On May 1, 2020, amendments to BC's Business Corporations Act (the "Act") will take effect and all private companies under the Act will be required to create and maintain a "Transparency Register" that catalogues all "significant individuals" that are associated with the company. In this focussed one-hour course, find out:
- why this requirement has been introduced
- which companies are affected
- what information must be recorded
- who is a "significant individual"
- when information must be recorded, updated, disclosed, and destroyed
- responsibilities of the records office, the company, and the shareholders
- how the register can be used
- what the penalties are for failing to comply
Join us today!
Law Society of BC CPD Hours: 1 hour (this course will NOT involve any professional responsibility and ethics, client care and relations, and/or practice management)
Mary N. Childs — Miller Thomson LLP, Vancouver
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Last Kick at the Can 2020
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