Certified General Accountants Association of Ontario Act, 2000 — Private Bill PR4 (37th Parliament, 1st Session)

Bill PR4, 37-1

Ontario — Bills

1ST SESSION, 37TH LEGISLA TURE, ONTARIO ELIZABETH II, 2000 Bill Pr4

An Act respecting the Certified General Accountants Association of Ontario Mr. Wood Private Bill 1st Reading May 16, 2000 2nd Reading 3rd Reading Royal Assent Printed by the Legislative Assembly of Ontario Bill Pr4

An Act respecting the Certified General Accountants Association of Ontario

Preamble The Certified General Accountants Association of Ontario has applied for special legislation to allow its members to form limited liability partnerships for the purpose of practising as certified general accountants. The Association represents that it was incorporated under the laws of Ontario by letters patent dated August 2, 1957 and that it was continued by special legislation as a special Act corporation by the Certified General Accountants Association of Ontario Act, 1983. It is appropriate to grant the application.

Therefore, Her Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows: 1. The Certified General Accountants Asso- ciation of Ontario Act, 1983 is amended by adding the following section: 9.1

(1) Two or more members of the Asso- ciation may form a limited liability partnership or may continue a partnership as a limited lia- bility partnership within the meaning of the Partnerships Act for the purpose of practising as a certified general accountant.

(2) This Act shall be deemed to be

an Act governing a profession for the purpose of sec- tion 44.2 of the Partnerships Act. 2. This Act comes into force on the day it receives Royal Assent. 3. The

short title of this Act is the Certified General Accountants Association of Ontario Act, 2000. Limited liability partnership Same Commence- ment

Short title ______________ EXPLANATORY NOTE

Section 44.2 of the Partnerships Act provides that a limited liabil- ity partnership may carry on business in Ontario only for the purpose of practising a profession governed by

an Act if, among other require- ments, the Act governing the profession expressly permits a limited liability partnership to practise the profession. The Bill amends the Certified General Accountants Association of Ontario Act, 1983 to expressly permit members of the Association to practise their pro- fession in limited liability partnerships.

Document details

Collection	Ontario — Bills
Citation	Bill PR4, 37-1
Type	bill
Volume / chapter	p37 s1 bill pr4 bill text 37 1 en pr004.pdf
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	95b63fd6a8e5ca620c34709b4314c2374dd36a04

Source file is stored in the law ingest library (pdf).