56 (1) The board may, by resolution, make, amend or repeal by-laws under this section, (a)  to govern the number, qualification, disqualification, nomination, election, resignation, removal, term of office and remuneration of the directors, subject to subsection (2); (b)  to regulate board meetings, the form of board meetings and the quorum and functions of the board; (b.1)  to establish a period of time within which a corporation shall update its record for the purposes of subsection 46.1 (4); (c)  to provide that the quorum for the transaction of business at a meeting of owners, other than a meeting of owners that is mentioned in subsection 42 (6) or that is prescribed, is those owners who own 25 per cent of the units in the corporation, subject to subsection 50 (2); (c.1)  to govern the methods permitted for holding a vote by a show of hands or for holding a recorded vote under clause 52 (1) (b) and the procedure for holding the vote, including permitting a recorded vote described in subclause 52 (1) (b) (i) or (ii) to be submitted to the corporation by mail; (d)  to govern the appointment, remuneration, functions, duties, resignation and removal of agents, officers and employees of the corporation and the security, if any, to be given by them to it; (e)  subject to subsection (3), to authorize the borrowing of money to carry out the objects and duties of the corporation; (f)  to authorize the corporation to object to assessments under the Assessment Act on behalf of owners if it gives notice of the objections to the owners, and to authorize the defraying of costs of objections out of the common expenses; (g)  to govern the assessment and collection of contributions to the common expenses; (h)  to establish what constitutes a standard unit for each class of unit specified in the by-law for the purpose of determining the responsibility for repairing improvements after damage and insuring them; Note: On a day to be named by proclamation of the Lieutenant Governor, clause 56 (1) (h) of the Act is repealed and the following substituted: (See: 2015, c. 28, Sched. 1, s. 52 (5)) (h)  to establish what constitutes a standard unit for each class of unit specified in the by-law for the purpose of determining the responsibility for repairing or maintaining improvements made to units or insuring the units; (i)  to extend the circumstances described in subsection 105 (2) under which an amount shall be added to the common expenses payable for an owner’s unit for the purposes of subsection 105 (3); Note: On a day to be named by proclamation of the Lieutenant Governor, clause 56 (1) (i) of the Act is repealed. (See: 2015, c. 28, Sched. 1, s. 52 (6)) (j)  to govern the maintenance of the units and common elements; Note: On a day to be named by proclamation of the Lieutenant Governor, clause 56 (1) (j) of the Act is repealed and the following substituted: (See: 2015, c. 28, Sched. 1, s. 52 (7)) (j)  to govern the maintenance or repair of the units, the common elements and the assets, if any, of the corporation; (k)  to restrict the use and enjoyment that persons other than occupants of the units may make of the common elements and assets of the corporation, subject to any agreement made by the corporation with respect to the use and enjoyment of its common elements and assets that it shares with another person; (l)  to govern the management of the property; Note: On a day to be named by proclamation of the Lieutenant Governor, subsection 56 (1) of the Act is amended by adding the following clause: (See: 2015, c. 28, Sched. 1, s. 52 (8)) (l.1)  to govern any matter mentioned in subsection 21.1 (1), if the by-law is made in accordance with the regulations; (m)  to govern the use and management of the assets of the corporation; (n)  to specify duties of the corporation in addition to the duties set out in this Act and the declaration; (o)  to establish the procedure with respect to the mediation of disputes or disagreements between the corporation and the owners for the purpose of section 125 or 132; Note: On a day to be named by proclamation of the Lieutenant Governor, clause 56 (1) (o) of the Act is repealed and the following substituted: (See: 2015, c. 28, Sched. 1, s. 52 (9)) (o)  to modify the procedure set out in the regulations with respect to the mediation or arbitration of disputes or disagreements between, (i)  the corporation and the owners, as determined by the regulations, if any, for the purpose of section 82.2 or 125, or (ii)  a lessor and a leasehold condominium corporation for the purpose of subsections 168 (3) and (4); (p)  to govern the conduct generally of the affairs of the corporation; or (q)  for any other prescribed purpose. 1998, c. 19, s. 56 (1); 2015, c. 28, Sched. 1, s. 52 (1-4, 10). Remuneration of directors (2) A by-law relating to the remuneration of directors shall fix the remuneration and the period not exceeding three years for which it is to be paid. 1998, c. 19, s. 56 (2). Borrowing by-law (3) A corporation shall not borrow money for expenditures not listed in the budget for the current fiscal year unless it has passed a by-law under clause (1) (e) specifically to authorize the borrowing. 1998, c. 19, s. 56 (3). Note: On a day to be named by proclamation of the Lieutenant Governor, subsection 56 (3) of the Act is repealed and the following substituted: (See: 2015, c. 28, Sched. 1, s. 52 (11)) Borrowing by-law (3) A corporation shall not borrow money unless it has passed a by-law under clause (1) (e) specifically to authorize the borrowing or unless the regulations provide otherwise. 2015, c. 28, Sched. 1, s. 52 (11). Assessment appeal (4) If the corporation has passed a by-law under clause (1) (f), the corporation shall have the capacity and authority to appeal under section 40 of the Assessment Act on behalf of owners but shall not be liable for an alteration in the assessment of a unit or for any other matter relating to the appeal, except for the costs of the appeal. 2008, c. 7, Sched. A, s. 18; 2015, c. 28, Sched. 1, s. 52 (12). Same (5) Despite a by-law made under clause (1) (f), on written notice to the board and to the Assessment Review Board given before the hearing of an appeal under section 40 of the Assessment Act, an owner may withdraw an appeal that the corporation has made on the owner’s behalf. 2008, c. 7, Sched. A, s. 18. By-laws to be reasonable (6) The by-laws shall be reasonable and consistent with this Act and the declaration. 1998, c. 19, s. 56 (6). Same, proposed by-laws (7) By-laws proposed by the declarant before the registration of a declaration and description shall be reasonable and consistent with this Act and the proposed declaration. 1998, c. 19, s. 56 (7). Inconsistent provisions (8) If any provision in a by-law or a proposed by-law is inconsistent with the provisions of this Act, the provisions of this Act shall prevail and the by-law or proposed by-law, as the case may be, shall be deemed to be amended accordingly. 1998, c. 19, s. 56 (8). Registration (9) For each by-law of a corporation, an officer of the corporation shall certify a copy of the by-law as a true copy and the corporation shall register the copy in, (a)  the land titles division of the land registry office within the boundaries of which division the land described in the description is situated, if the land registry office has a land titles division; or (b)  the registry division of the land registry office within the boundaries of which division the land described in the description is situated, if the land registry office does not have a land titles division. 1998, c. 19, s. 56 (9). When by-law effective (10) A by-law is not effective until, (a)  the owners of a majority of the units in the corporation, or such other number of owners that is prescribed, vote in favour of confirming it, with or without amendment; and (b)  a copy of it is registered in accordance with subsection (9). 1998, c. 19, s. 56 (10); 2015, c. 28, Sched. 1, s. 52 (13). Same, proposed by-law (11) Despite subsection (10), a by-law proposed by the declarant before the registration of the declaration and description shall be effective until it is replaced or confirmed by a by-law of the corporation that takes effect in accordance with subsection (10). 1998, c. 19, s. 56 (11). Section Amendments with date in force (d/m/y) 2008, c. 7, Sched. A, s. 18 - 14/05/2008 2015, c. 28, Sched. 1, s. 52 (1-4, 10, 12, 13) - 01/11/2017; 2015, c. 28, Sched. 1, s. 52 (5-9, 11) - not in force