Condominium Act

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corporation’s meeting have, within 90 days of the meeting, consented in writing to the
registration of the declaration and description; and
(c) the corporations have complied with all prescribed requirements. 1998, c. 19,
s. 120 (1).
Meeting of owners
The board of each amalgamating corporation shall call a meeting of owners for the
purpose of considering a declaration and description amalgamating the corporations. 1998, c. 19,
s. 120 (2).
Notice of meeting
The board shall give the owners a notice of the meeting which shall include,
(a) a copy of the proposed declaration and description of the amalgamated corporation and
a copy of the proposed budget for the corporation’s first year of operation;
(b) a copy of all proposed by-laws and rules of the amalgamated corporation;
(c) a certificate as to the status for each amalgamating corporation in the form prescribed
by the Minister;
(d) for each amalgamating corporation, the auditor’s report on the last annual financial
statements of the corporation, if it is not included in the certificate mentioned in clause
(c); and
(e) all additional statements and information that the regulations made under this Act
require. 1998, c. 19, s. 120 (3).
Signing of declaration
The declaration of an amalgamated corporation shall not be registered unless the
officers of each amalgamating corporation who are duly authorized to sign on behalf of the
corporation have signed the declaration. 1998, c. 19, s. 120 (4).
Part VIII not applicable
Part VIII does not apply to an amalgamation carried out under this section but does
apply to an amalgamated corporation after the registration of its declaration and description.
1998, c. 19, s. 120 (5).
Effect of registration
On registration of a declaration and description for an amalgamated corporation,
(a) the amalgamating corporations are amalgamated and continue as one corporation;
(b) the units and common interests of the amalgamating corporations are continued as
units and common interests in the amalgamated corporation;
(c) all encumbrances, easements and leases that affected the units or common elements of
the amalgamating corporations are continued as encumbrances, easements and leases
respectively that affect the units or common elements, as the case may be, of the
amalgamated corporation;
(d) all declarations, descriptions, by-laws and rules of the amalgamating corporations
cease to apply;