Canada Cooperatives Regulations

55 (1) An application for an exemption under

• (a) subsection 4(6) of the Act may be made at any time;

• (b) subsection 167(1) of the Act shall be made before the date of the notice referred to in subsection 165(1) of the Act;

• (c) section 248 of the Act shall be made at least 60 days before the documents in respect of which the exemption is requested are to be sent to the Director;

• (d) subsection 263(2) of the Act may be made at any time; and

• (e) subsection 267(2) of the Act shall be made at least 30 days before the cooperative is required to comply with Part 8 of the Act.

(2) Despite subsection (1), the Director shall extend the time for making an application for an exemption if the applicant establishes that no prejudice will result from the extension.