ontario 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.