C47 consolidating updating toontown online 9 of 15


07-Nov-2019 16:33

For the purpose of paragraph 404(f) of the Act, a corporate name is prohibited where the name connotes that the corporation is sponsored or controlled by or is affiliated with the Government of Canada, the government of a province, the government of a country other than Canada, or a political subdivision or agency of any government, or a federal or provincial Crown corporation, or the United Nations, unless the appropriate government, polical, political subdivision, agency or Crown corporation consents in writing to the use of the name.For the purpose of paragraph 404(f) of the Act, a corporate name is prohibited where the name connotes that the corporation carries on the business of a bank, loan company, insurance company, trust company, other financial intermediary or a stock exchange that is regulated by a law of Canada or a province unless the appropriate government department or agency consents in writing to the use of the name. Each listed item refers back to the current Section in its own text.

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A form of proxy shall indicate, in bold-face type, that the shareholder may appoint a proxyholder other than a person designated in the form of proxy to attend and act on his or her behalf at the meeting, and shall contain instructions as to the manner in which the shareholder may do so.

A form of proxy shall provide a means for the shareholder to specify that the shares registered in his or her name shall be voted for or against each matter or group of related matters identified in the notice of meeting, a management proxy circular, a dissident's proxy circular or a proposal under sections 224 to 232 of the Act, other than the appointment of an auditor and election of directors.

(1)The financial statements referred to in paragraph 258(1)(a) of the Act shall be prepared in accordance with the standards of the Chartered Professional Accountants of Canada set out in the CPA Canada Handbook including any amendments to it.

Notwithstanding subsection (1), a reporting issuer may prepare financial statements referred to in paragraph 258(1)(a) of the Act in accordance with other standards as may be permitted in the rules made under section 144.1 of the Securities Act.For the purpose of paragraph 404(f) of the Act, a corporate name is prohibited where an element of the name is the family name of an individual, whether or not preceded by his or her given name or initials, unless the individual or his or her heir or legal representative consents in writing to the use of his or her name, or the individual has a material interest in the corporation.