Condominium Property Regulation s. 9

Before registering a condominium plan in respect of the
redivision of a unit or units or the consolidation of units, the
Registrar is to
(a) endorse on the original registered condominium plan a
notification of the redivision or consolidation, and
(b) indicate on the drawings in the original registered
condominium plan illustrating the unit or units being
redivided or consolidated that the unit or units are being
redivided or consolidated.
(1) If any conditional or preferential right to subscribe for any
securities in any body corporate is offered to a corporation in
respect of any holding in the body corporate, the corporation may,
as to all or any of the securities,
(a) exercise that right and apply capital money subject to the
trust in payment of the consideration, or renounce the
right, or
(b) assign for the best consider ation that can be reasonably
obtained the benefit of that right, or the title to it, to any
person, including any beneficiary under the trust,
without being responsible for any loss occasioned by any act or
thing so done by the corporation in good faith.

Schedule 2 AR 168/2000
(2) Notwithstanding subsection (1), the consideration for any such
assignment shall be held as capital money of the trust.
AR 151/2006 s5;81/2019;218/2022;125/2024;199/2025;
213/2025;23/2026

Schedule 3 AR 168/2000
Schedule 3
Minimum Retention Period for a
Corporation's Documents and Information
(Section 44.2 of the Act, Section 20.55 of this Regulation)
In addition to the grounds set out in section 28.1 of the Act
under which an individual ceases to be a member of the board, the
office of a member of the board is vacated if the member
(a) is absent from 3 consecu tive meetings of the board
without permission of the board and it is resolved at a
subsequent meeting of the board that the member's office
be vacated,
(b) is found gu ilty of an offence involving fraud, deceit or
breach of trust under any enactment of Alberta, another
province, Canada or another country,
(c) fails to make a disclosure as required under section 6(4),
(d) is incarcerated while on probation, or
(e) commits an offence under the Act.

CPA Condominium Property Act

9 Endorsements re redivision or consolidation