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B-1.1, r. 9 - Regulation respecting the professional qualification of contractors and owner-builders

Section 46
Disposition versions

Full text
46. A natural person, whether or not the person holds a licence, may apply for a licence on behalf of more than one partnership or legal person if the person holds 50% of the shares of those partnerships or 50% of the voting shares of those legal persons and the person has not waived the rights attaching to the person’s participation or shares.
Despite the first paragraph, a natural person who, on 30 June 1992, held a contractor’s licence and was the guarantor for a partnership or legal person as an officer may, for the same licence subclasses, remain the guarantor for that partnership or legal person.
Despite the first paragraph, a natural person who, on 30 June 1992, did not hold a contractor’s licence but was the guarantor for more than one partnership or legal person as an officer may, for the same licence subclasses, remain the guarantor for those partnerships or legal persons.
O.C. 314-2008, s. 46.
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