Community Contribution Company definition

Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:
Sample 1Sample 2Sample 3

Examples of Community Contribution Company in a sentence

  • When an employee pays the expenses to attend training, while on approved administrative leave, by mutual agreement such training will be counted as mandatory training.

  • A business structure model that is not currently used, nor has been discussed, is that of a C3, or a Community Contribution Company.

  • In the spring of 2013, government also introduced amendments to the Business Corporations Act to create a new hybrid type of company, a Community Contribution Company (CCC), which will become effective on July 29.

  • F-89 Form 50: Notice of Alteration (From a BC Limited Company to Become a BC Community Contribution Company) ..............

  • As noted in Section 3, the U.K. CIC is the model for B.C’s Community Contribution Company (C3/CCC) and Nova Scotia’s Community Interest Company.

  • On March 5th 2012, the province on British Columbia in Canada, introduced changes to the Business Corporations Act73 to allow for a new hybrid type of company – the Community Contribution Company: ―Community contribution companies would be structured to combine both benefits to the community and limited investor returns within the context of a traditional for-profit company.

  • This change in legislation meant that a non-profit can change their status to a Community Contribution Company which allows for related mission or non-related activities, providing increased opportunity for the CCC to operate a social enterprise.

  • Social enterprises can also be a non-profit or charity directly engaging in fee for service or the making and selling of goods itself, or a Community Contribution Company if registered as such with the Province.o Co-operatives are a form of business ownership where the consumers, producers or workers of a company are also the owners.

  • F-72 B.C. Community Contribution Company ...............................................

  • COMMUNITY CONTRIBUTION COMPANIES - CANADA Currently, British Columbia is the only province in Canada with a hybrid legal structure for companies that are working to solve social issues for a profit—a Community Contribution Company (C3).

Related to Community Contribution Company

  • Distribution Company means a distribution company as defined in Section 1 of Chapter 164 of the Massachusetts General Laws.3

  • Defined Contribution Plan A retirement plan which provides for an individual account for each participant and for benefits based solely on the amount contributed to the participant's account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which the plan may allocate to such participant's account. The Advisory Committee must treat all defined contribution plans (whether or not terminated) maintained by the Employer as a single plan. Solely for purposes of the limitations of Part 2 of this Article III, the Advisory Committee will treat employee contributions made to a defined benefit plan maintained by the Employer as a separate defined contribution plan. The Advisory Committee also will treat as a defined contribution plan an individual medical account (as defined in Code Section 415(l)(2)) included as part of a defined benefit plan maintained by the Employer and, for taxable years ending after December 31, 1985, a welfare benefit fund under Code Section 419(e) maintained by the Employer to the extent there are post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code Section 419A(d)(3)).

  • Defined Contribution Plan Fraction for a Limitation Year shall mean a fraction, (A) the numerator of which is the sum of the Participant's Annual Additions under all defined contribution plans (whether or not terminated) maintained by the Employer for the current year and all prior Limitation Years (including annual additions attributable to the Participant's nondeductible employee contributions to all defined benefit plans (whether or not terminated) maintained by the Employer), and (B) the denominator of which is the sum of the maximum aggregate amounts for the current year and all prior Limitation Years with the Employer (regardless of whether a defined contribution plan was maintained by the Employer). "Maximum aggregate amounts" shall mean the lesser of (I) the product of 1.25 (or such adjustment as required under Section 12.4) and the dollar limitation in effect under Section 415(c)(1)(A) of the Code, adjusted as prescribed by the Secretary of the Treasury under Section 415(d) of the Code, or (II) the product of 1.4 and the amount that may be taken into account under Section 415(c)(1)(B) of the Code; provided, however, that the Committee may elect, on a uniform and nondiscriminatory basis, to apply the special transition rule of Section 415(e)(7) of the Code applicable to Limitation Years ending before January 1, 1983 in determining the denominator of the Defined Contribution Plan Fraction. If the Employee was a Participant as of the end of the first day of the first Limitation Year beginning after December 31, 1986, in one or more defined contribution plans maintained by the Employer which were in existence on May 6, 1986, the numerator of this fraction will be adjusted if the sum of this fraction and the defined benefit fraction would otherwise exceed 1.0 under the terms of this Plan. Under the adjustment, an amount equal to the product of (1) the excess of the sum of the fractions over 1.0 times (2) the denominator of this fraction, will be permanently subtracted from the numerator of this fraction. The adjustment is calculated using the fractions as they would be computed as of the end of the last Limitation Year beginning before January 1, 1987, and disregarding any changes in the terms and conditions of the Plan made after May 5, 1986, but using the Section 415 limitation applicable to the first Limitation Year beginning on or after January 1, 1987. The annual addition for any Limitation Year beginning before January 1, 1987, shall not be recomputed to treat all Employee contributions as Annual Additions.

  • Community basin means an infiltration system, sand filter designed to infiltrate, standard constructed wetland, or wet pond, established in accordance with N.J.A.C. 7:8-4.2(c)14, that is designed and constructed in accordance with the New Jersey Stormwater Best Management Practices Manual, or an alternate design, approved in accordance with N.J.A.C. 7:8-5.2(g), for an infiltration system, sand filter designed to infiltrate, standard constructed wetland, or wet pond and that complies with the requirements of this chapter.

  • Local Distribution Company or “LDC” means a Person licensed by the OEB as a “Distributor” in connection with a Distribution System.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Single member limited liability company means a limited liability company that has one direct member.

  • Performing Common Equity means Capital Stock (other than Preferred Stock) and warrants of an issuer all of whose outstanding debt is Performing.

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.

  • Campus means any place where the college conducts or sponsors educational, public service, or research activities.

  • Electric distribution company (EDC) means any electric utility subject to the jurisdiction of the Commission.

  • Community center means a center established under Subchapter A, Chapter 534.

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Production company means a person or entity engaged in the business of making motion picture, television, or radio images for theatrical, commercial, advertising, or education purposes; Reserved

  • community centre means any school, railway station, police station and other location providing a service to the community;

  • Asset Management Plan means a strategic document that states how a group of assets are to be managed over a period of time. The plan describes the characteristics and condition of infrastructure assets, the levels of service expected from them, planned actions to ensure the assets are providing the expected level of service, and financing strategies to implement the planned actions. The plan may use any appropriate format, as long as it includes the information and analysis required to be in a plan as described in Ontario’s Building Together: Guide for Asset Management Plans.

  • mixed-activity holding company means a mixed-activity holding company as defined in point (22) of Article 4(1) of Regulation (EU) No 575/2013;

  • General partnership means an organization formed by two or more persons under chapters 45-13 through 45-21.

  • Community mental health center or "CMHC" means a facility offering a comprehensive array of community-based mental health services, including but not limited to, inpatient treatment, outpatient treatment, partial hospitalization, emergency care, consultation and education; and, certain services at the option of the center, including, but not limited to, prescreening, rehabilitation services, pre-care and aftercare, training programs, and research and evaluation.

  • Community rehabilitation program means a program that provides directly or facilitates the provision of one or more of the following vocational rehabilitation services to individuals with disabilities to enable those individuals to maximize their opportunities for employment, including career advancement:

  • CREST means the system for the paperless settlement of trades and the holding of uncertificated securities operated by EUI in accordance with the Uncertificated Regulations, as amended from time to time.

  • Leasing company means that term as defined in 49 USC 14504a.

  • Class I renewable energy means electric energy produced from

  • Member of the University Community means employees, students, board members and volunteers.

OSZAR »