Canada
A Royal Charter is granted by Order in Council, either creating an incorporated body, or giving an existent one special status. This is an exercise of the Royal Prerogative, and, in Canada, there are hundreds of organizations under Royal Charters. Such organizations include charities, businesses, colleges, universities, and cities. Today, it is mostly charities and professional institutions who receive Royal Charters.
Application for a charter is a petition to the Queen-in-Council. To receive a Royal Charter, the organization must have corporate members who have at least first degree level in a relevant field, consist of 5,000 members or more, be financially sound, and it must be in the public interest to regulate the institution under a charter. However, meeting these benchmarks does not guarantee the issuance of a Royal Charter.
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Famous quotes containing the word canada:
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