48. A legal person or a trust whose period determined by regulation begins in one calendar year and ends in the next and who updates the information concerning the legal person or a trust in accordance with section 45 or 46 during the part of that period that is in the second calendar year without having done so during the preceding one is deemed to have met the annual updating obligation for the preceding calendar year.
2010, c. 7, s. 48; 2010, c. 40, s. 39.