C-26, r. 116.02 - Regulation respecting the practice of the profession of occupational therapist within a partnership or a joint-stock company

Section 1 Disposition versions

2015-05-14

1. Occupational therapists may carry on professional activities within a limited liability partnership or a joint-stock company within the meaning of Chapter VI.3 of the Professional Code (chapter C-26), subject to the following conditions:

(1)  more than 50% of the voting rights attached to the company shares or partnership units are held by the following persons or trusts or combination of persons or trusts:

(a)  an occupational therapist, another professional from the health and social services sector governed by the Professional Code, or a professional from the health and social services sector governed by a Canadian regulating authority;

(b)  a joint-stock company where 100% of the voting rights attached to the shares are held by at least one of the persons mentioned in subparagraph a;

(c)  a trust where all trustees are persons mentioned in subparagraph  a;

(2)  a majority of the directors of the board of directors of the joint-stock company, the partners or, as the case may be, the managers appointed by the partners of the limited liability partnership are persons mentioned in subparagraph a of paragraph 1;

(3)  to constitute a quorum for a meeting of the board of directors of the joint-stock company, a majority of the members present must be persons mentioned in subparagraph a of paragraph 1;

(4)  the conditions set forth in this section are listed in the articles of the joint-stock company or in the contract of the partnership and that those documents also provide that the partnership or joint-stock company is constituted for the purpose of carrying on professional activities;

(5)  the articles of the joint-stock company or the contract of the partnership must include the conditions to transfer company shares or partnership units in the event of the death, disability, strike off, or bankruptcy of one of the persons mentioned in subparagraph a of paragraph 1.

O.C. 341-2015, s. 1.