This Guidance provides general information about Ontario Regulation 4.01 under the Charities Accounting Act (the Regulation), which allows charitable corporations operating in Ontario to compensate directors and persons connected to them, without a court order,...
On April 1, 2018, Ontario Regulation 112/18 came into effect amending O. Reg. 4/01 (Approved Acts of Executors and Trustees, hereinafter “Regulation”) under the Charities Accounting Act (the “CAA”). The new provisions modify the existing Ontario common law rule that...
