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Canada Cooperatives Regulations

Version of section 22 from 2006-03-22 to 2010-03-24:

  •  (1) For the purpose of paragraph 23(a) of the Act, if two or more cooperatives amalgamate, the name of the amalgamated cooperative is prohibited if the new name is confusing or is otherwise prohibited.

  • (2) Despite subsection (1), the new cooperative name may be the same as the name of one of the amalgamating cooperatives.

  • (3) For the purpose of paragraph 23(a) of the Act, if an existing cooperative has acquired or will, in the immediate future, acquire all or substantially all of the property of an affiliated body corporate, the use by the cooperative of the name of the affiliated body corporate is prohibited unless

    • (a) the body corporate undertakes in writing to dissolve or change its name before the cooperative begins using the name as a cooperative name; and

    • (b) the cooperative name is not otherwise prohibited.

  • (4) For the purpose of paragraph 23(a) of the Act, if a proposed cooperative will, in the immediate future, acquire all or substantially all of the property of a body corporate that is to be an affiliate of the proposed cooperative, the use by the proposed cooperative of the name of the affiliated body corporate is prohibited unless

    • (a) the body corporate undertakes in writing to dissolve or change its name before the cooperative begins using the name as a cooperative name; and

    • (b) the cooperative name is not otherwise prohibited.

  • SOR/2001-513, s. 12

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