S-31.1 - Business Corporations Act

Section 725 Disposition versions

2011-02-14

725. A regulation made by the Government under section 23 or 123.169 of the Companies Act (chapter C-38) continues to apply until it is repealed or replaced by a regulation made by the Government under section 488 or 489 of this Act or until procedures or directives to the same effect are established by the Minister of Revenue in accordance with this Act.

Moreover, despite being repealed or replaced by a new regulation made by the Government or by procedures or directives established by the Minister of Revenue in accordance with this Act, a regulation made under the Companies Act for the purposes of Parts I and IA of that Act retains its effects insofar as the regulation is necessary for the purposes of Parts II and III of that Act. Such a regulation also retains its effects until 15 February 2016 in respect of any company constituted, continued or resulting from an amalgamation under Part I before 14 February 2011.

2009, c. 52, s. 725.