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Provincial Societies Act & Pacific Blue Cross application to become a member-funded society

Pacific Blue Cross is the business name of the ‘PBC Health Benefits Society’ – a not-for-profit society registered with the Province of British Columbia. Our organization abides by the Societies Act, which is the governance framework for all not-for-profit societies in the province.

In November 2016, the BC government modernized the Societies Act to create a new category called ‘member-funded societies’. This is the first change of its kind since the 1970’s. This distinguishes organizations like Pacific Blue Cross from ‘publicly-funded societies’ such as registered charities and government-funded not-for-profits. Pacific Blue Cross is by definition a member-funded society, as we operate for the benefit of our members and we do not accept charitable donations or government funding.

As a member-funded society, we continue to operate as we did under the old Act, including publishing annual financial statements and holding annual general meetings for our members.

The new Act came into effect on Monday, November 28, and we have a short amount of time to register as a member-funded society before the new fiscal year. We must first receive the approval of a minimum number of our voting members. The earliest we can hold a vote and still give our members the required amount of advance notice is December 28.

Further to our notice published in the Vancouver Sun on November 12, we invite voting members to attend the special AGM on December 28 at 9:00 a.m. at our office on 4250 Canada Way in Burnaby, to approve the change.

NOTICE OF EXTRAORDINARY GENERAL MEETING OF PBC HEALTH BENEFITS SOCIETY


November 12, 2016

An extraordinary general meeting of PBC Health Benefits Society, carrying on business as Pacific Blue Cross, will be held at 9 a.m. on Wednesday, December 28, 2016 at 4250 Canada Way, Burnaby, BC for the purpose of considering the following special resolutions relating to the Society’s upcoming transition under the new Societies Act (BC):

Special Resolution No. 1
Resolved as a special resolution that:
  1. The society be authorized to become, on the filing of its transition application under the Societies Act (BC), a member funded society; and
  2. The following statement be included in the Constitution of the Society
    “3. This society is a member-funded society. It is funded primarily by its members to carry on activities for the benefit of its members. On its liquidation or dissolution, this society may distribute its money and other property to its members.”

Special Resolution No. 2
  1. Resolved as a special resolution that Reporting Society Provision No. 5 as included in the Bylaws of the Society upon its transition under the Societies Act (BC) be amended to include the following words at the end of the provision:
    “Notwithstanding the foregoing, if the Society provides notice of meetings to its members pursuant to section 77(2) of the Societies Act, then the provision of financial statements and auditor report referred to in this provision may occur in the same manner as notice of meetings is given pursuant to section 77(2).”
  2. The effective date of this special resolution shall be deemed to be the day immediately following the date of transition of the Society under the Societies Act (BC).

A detailed Board of Directors report is available on request and is published on the Society’s website.

Registration for members attending the special general meeting will commence at 8:30 a.m. on December 28, 2016 at Pacific Blue Cross. Members must bring proof of membership to present at the registration desk. Parking is available to members in the Pacific Blue Cross parking lot.

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Blue Shield is a registered trade-mark of Blue Cross Blue Shield Association
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