Canada Elections Act

Marginal note:Returns

424 Within six months after a merger

• (a) each of the merging parties shall provide the Chief Electoral Officer with the documents referred to in subsection 432(1) for

  • (i) the portion of its current fiscal period that ends on the day before the day on which the merger takes effect, and

  • (ii) any earlier fiscal period for which those documents have not been provided; and

• (b) the merged party shall provide the Chief Electoral Officer with

  • (i) a statement, prepared in accordance with generally accepted accounting principles, of its assets and liabilities, including any surplus or deficit, at the date of the merger,

  • (ii) a report on that statement made by the merged party’s auditor to its chief agent that contains the auditor’s opinion as to whether that statement presents fairly and in accordance with generally accepted accounting principles the information on which it was based, and

  • (iii) a declaration in the prescribed form by the chief agent of the merged party that the statement is complete and accurate.