Despite the lack of authority to do so, licenses are revoked without further review. Under the legislation, the only legal responses to a report from a physician are either a further medical assessment or a road test. Reviewed the interim suspension of a physician for incapacity. About a third of New Brunswick physicians are currently practising under professional corporations. The following information is provided for the benefit of others that may be considering such.
Physicians usually choose to practice in professional corporations for tax and management reasons.
The decision to do so is an individual one and usually follows discussions with an accountant or tax lawyer. If the conclusion is favorable, then the first step is to set up a corporate structure and register the Corporation under the Business Corporation Act . Again, such is usually done with the assistance of a lawyer or accountant. It can purchase property, sign contracts or leases, sue or be sued. However, for a corporation to practice medicine there are certain additional elements.