Section 136

Subsection 136(2)

Paragraph 136(2)(c)

Administrative Policy

6 November 2015 External T.I. 2015-0611691E5 F - Member of a cooperative corporation

meaning of “member” informed by corporate law rather than 135(4) definition

What is the meaning of “member” for purposes of s. 136(2)(c)? Does the s. 135(4) definition apply? CRA responded:

[T]he preamble to subsection 135(4) states that the definitions in that section apply only for the purposes of section 135 and section 135.1. …

[F]or the purposes of subsection 136(2), the definition of member is determined according to the law under which the cooperative corporation was formed, as well as by the charter, articles or by-laws.

Words and Phrases