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C-67.2 - Cooperatives Act
Section 211.5
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211.5. If, during a fiscal year, the proportion of business done by the agricultural cooperative with its members is less than 20% of its business within the meaning of government regulations, the Minister may order the cooperative to amend its articles to specify that it is no longer governed by this division.
If the cooperative fails to comply with the Minister’s order within 60 days of notification of the order, the Minister may of his own initiative amend the articles of the cooperative.
211.5. If, during a fiscal year, the proportion of business done by the agricultural cooperative with its members is less than 20% of its business within the meaning of government regulations, the Minister may order the cooperative to amend its articles to specify that it is no longer governed by this division.
If the cooperative fails to comply with the Minister’s order within 60 days of service of the order, the Minister may of his own initiative amend the articles of the cooperative.
211.5. If, during a fiscal year, the proportion of business done by the agricultural cooperative with its members is less than 20 % of its business within the meaning of government regulations, the Minister may order the cooperative to amend its articles to specify that it is no longer governed by this chapter.
If the cooperative fails to comply with the Minister’s order within 60 days of service of the order, the Minister may of his own initiative amend the articles of the cooperative.
