The BC Society Act provides the legislative regime for 26,000 non-profits in BC, and the Provincial government is now seeking comment on a comprehensive rewrite of the Act. The Ministry of Finance discussion paper is online. On February 13th there will be an information session in Vancouver (Hosted by the GNPI). Comments on the Ministry paper are invited before April 30th.
The Society Act is one a a few essential bits of corporate legislation that set out the ‘legal person’ framework for business, community and creative enterprises. Beyond the technical elements, there are general principals that are enshrined through the law; related to purposes & powers, memberships, governance, public accountability, capitalization, etc. Rather than simply defer to a few lawyers, policy analysts and larger non-profits, it is really up to a vigilant non-profit sector to ensure the law is written so that is serves the larger purposes of the non-profit sector, and the diverse entities.
Tradeworks would welcome an opportunity to collaboratively work with other community based non-profits in undertaking a review of the proposals and responding to the discussion paper. For those who are interested, the BC Law Institute paper in 2008 provides an excellent history of the Society Act and elaboration on some particular concerns.



