New Legislation to Change Incorporation and Governance of Charities

 

There is no single statute that sets out all of the legislative requirements applicable to charities. Rather, the relevant statutory provisions are found in multiple federal and provincial statutes. Additionally, with the recent proclamation of the new Canada Not-For-Profit Corporations Act, having a concise guide to the law governing charitable organizations is critical.

 

Selected and prepared by charity law experts, Terrance Carter, Maria Elena Hoffstein and Professor Adam Parachin, this unique publication provides a useful reference for anyone researching key federal and Ontario statutes governing charitable organizations. This edition compiles, describes or otherwise takes account of approximately 145 statutes and 75 regulations.

 

New in This Edition

 

• Full text of and commentary on the new Canada Not-For-Profit Corporations Act
• Discussion of recent changes to the Income Tax Act and regulations, for example changes applicable to proper gift receipting practices of registered charities
• Discussion of the Eligible Investments and Related Financial Agreements Regulation that prescribes securities that a municipality may invest in

 

Who Should Buy

 

• Charity law practitioners who need to advise charitable organizations and their officers on myriad of compliance matters
• Lawyers who are retained to set up not-for-profit organizations
• Accountants who must stay abreast of recent and anticipated changes to income tax legislation pertaining to not-for-profit organizations
• Executives and officers of charitable organizations who want to understand the complex statutory regime governing charitable organizations and their statutory duties and liabilities