Hometime

Hometime · Alberta legislation

RTA Residential Tenancies Act

RTA · Insurance Act

10 Substantial investment

Current to 2026-05-14 · Official PDF

(1) A person has a substantial investment in a body corporate
when
(a) the voting rights attached to the aggregate of any voting
shares of the body corporate beneficially owned by the
person exceed 10% of the voting rights attached to all of the
outstanding voting shares of the body corporate, or
(b) the aggregate of any sh ares of the body corporate
beneficially owned by the person represents ownership of
more than 25% of the shareholders' equity of the body
corporate.
(2) A person has a substantial investment in an unincorporated
body where the person beneficially owns more than 25% of all the
ownership interests, however designated, into which the body is
divided.
1999 cI-5.1 s10