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O. Reg. 263/14: HEALTH PROFESSION CORPORATIONS
filed December 12, 2014 under Business Corporations Act, R.S.O. 1990, c. B.16
Skip to contentontario regulation 263/14
made under the
Business Corporations Act
Made: December 10, 2014
Filed: December 12, 2014
Published on e-Laws: December 12, 2014
Printed in The Ontario Gazette: December 27, 2014
Amending O. Reg. 665/05
(HEALTH PROFESSION CORPORATIONS)
1. Section 1 of Ontario Regulation 665/05 is amended by adding the following definitions:
“child”, in relation to a shareholder of a health profession corporation, includes a person whom the shareholder has demonstrated a settled intention to treat as a child of his or her family, except under an arrangement where the child is placed for valuable consideration in a foster home by a person having lawful custody;
“parent”, in relation to a shareholder of a health profession corporation, includes a person who has demonstrated a settled intention to treat the shareholder as a child of his or her family, except under an arrangement where the child is placed for valuable consideration in a foster home by a person having lawful custody;
Commencement
2. This Regulation comes into force on the day it is filed.