Embedded Files
Section 56 (3)
Section 56 (3)
Borrowing by-law
Borrowing by-law
Removal of 12 words.
The specificity of "for ..." is removed to close the loophole that enables the borrowing.
Section 57(4)
Section 57(4)
Assessments
Assessments
Reword "board" to "corporation"
To make it clear that the "board" is distinct from the "corporation". The board does NOT pass by-laws. The "corporation" does.
Section 58 (1)
Section 58 (1)
Rules
Rules
Rewording subsection (1)
To include any "assets" belong to the corporation, in addition to just the units and common elements.
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