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Ontario Business Corporations Act
Part I Definitions, Interpretation and Application
Section 1(4)

Affiliated Body Corporate (OBCA)

CAUTION: Lexata's content was last updated in 2024 and may not reflect current securities regulatory requirements.

For the purposes of this Act, one body corporate shall be deemed to be affiliated with another body corporate if, but only if, one of them is the subsidiary of the other or both are subsidiaries of the same body corporate or each of them is controlled by the same person.