Printer-friendly version
|
|
|
|
INFORMATION BULLETIN
|
2011FIN0087-001623 |
Ministry of Finance
|
Society Act discussion paper invites feedback
VICTORIA – A new discussion paper on the Society Act invites discussion on the governance of B.C. societies and possible directions for reform.
The Province launched a review of the Society Act in 2009 to identify legislative obstacles that may be preventing societies from operating most effectively and to ensure continued protection of the public interest.
The first round of consultations invited stakeholder comments and received submissions from more than 200 individuals and organizations. The discussion paper puts forward a number of proposals based on the feedback received.
The proposals recognize the unique nature of societies and aim to balance societies’ need for flexibility with broader concerns of accountability and integrity. The discussion paper does not represent government policy, but is intended to encourage discussion and provide interested parties with the opportunity to comment on possible directions for reform to the Society Act.
The Society Act outlines the rules that govern B.C.’s more than 26,000 societies. Societies are non-profit corporations organized primarily for social purposes. They make valuable contributions to B.C.’s families and communities, ranging from small community-based organizations to large charitable foundations.
Legislation is targeted for 2013 at the earliest.
The official deadline for submissions is April 30, 2012.
To view the discussion paper or make a submission, visit http://www.fin.gov.bc.ca/cep/fcsp/society_act_discussion.htm
|
Media Contact:
|
Jamie Edwardson Communications Director Ministry of Finance 250 356-2821 |
|
Connect with the Province of B.C. at: www.gov.bc.ca/connect
