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The main directors' duties under Canadian corporate law is the duty of care, and then avoiding conflicts of interest, which include primarily of engaging in undisclosed self-dealing, taking unauthorized corporate opportunities, competing with the company, and being enriched in a takeover bid.
The AoA defines the responsibilities of the directors, the kind of business to be undertaken, and the means by which the shareholders exert control over the board of directors. Articles of association are critical documents to corporate operations, as they may regulate both internal and external affairs. [1]
Volumes of the Statutes of Canada at a law library. The Statutes of Canada (SC) compiles, by year, all the laws passed by the Parliament of Canada since Confederation in 1867. They are organized by alphabetical order and are updated and amended by the Government of Canada from time to time.
Canadian Bill of Rights, 1960; Narcotic Control Act, 1961; Canada Labour Code, 1967; Criminal Law Amendment Act, 1968–69; Arctic Waters Pollution Prevention Act, 1970; Consumer Packaging and Labeling Act, 1970; Weights and Measures Act, 1970; Divorce Act, 1968 - replaced by Divorce Act, 1985; Canada Wildlife Act, 1973; National Symbol of ...
Repealed by Statute Law Revision Act, 1927. Statute Law Revision Act 1927 17 & 18 Geo. 5. c. 42 (UK), reprinted in RSC 1970, App II, No 24: Wiki source: Removed section 1(2) from the British North America Act, 1915 and repealed British North America Act, 1916. Statute Law Revision Act 1950 14 Geo. 6. c. 6 (UK), reprinted in RSC 1970, App II, No ...
However, with Canada's agreement at the time, under s. 7(1) of the Statute of Westminster, the British Parliament also retained the power to amend the key Canadian constitutional statutes, namely the British North America Acts. [5] [6] [7] In effect, an act of the British Parliament was required to make certain changes to the Canadian ...
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Canadian administrative law is the body of law "that applies to all administrative decisions, whether issued by front-line officials, ministers, economic regulatory agencies, or administrative tribunals, with interpretations of law and exercises of discretion subject to the same . . . rules."