Joined: 17 Nov 2008
Location: London, England
|Posted: Mon Aug 12, 2013 5:54 pm Post subject: IAIJ Transitioning To The New NFP Act!
|IAIJ Transitioning To The New NFP Act!
By Sue Earps, Director: IAIJ Inc.
The International Association of Independent Journalists Inc. will be transitioning from the old legislation governing not-for-profits in Canada to the new "Canada Not-for-profit Corporations Act" (NFP Act). All not-for-profits in Canada must transition to the new legislation by October 17, 2014 or be dissolved. As stated on the Industry Canada website:
"The Canada Not-for-profit Corporations Act (NFP Act) is now in force. Federal not-for-profit corporations are required to transition to the NFP Act. Until they have made the transition, the provisions of the "old legislation", the Canada Corporations Act, Part II (CCA, Part II) will continue to apply to them. Ultimately, the old legislation will be repealed."
Further information can be found here:
More information will be forthcoming as we make the transition to the new act.
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