186 (1) The Lieutenant Governor in Council may make regulations respecting any matter that the Lieutenant Governor in Council considers necessary relating to the incorporation, conduct and dissolution of co-operatives including, without limiting the generality of the foregoing, regulations, (a)  respecting names, objects, authorized capital, membership, the designations, preferences, rights, conditions, restrictions, limitations and prohibitions attaching to shares or classes or series of shares or any other matter pertaining to articles or the filing of articles; (a.1)  prescribing the content of and governing the use of offering statements and statements of material change; (a.2)  prescribing, for the purposes of section 31, the manner by which preference shares issued in classes or in series may be redeemed; (a.3)  prescribing, for the purposes of section 34, the number of security holders; (b)  Repealed: 1997, c. 19, s. 3 (22). (b.1)  prescribing maximum annual percentages for the purposes of subsection 49 (1), subsection 56 (4), clause 57 (2) (a) and subsections 58 (2) and 171.2 (2); (b.2)  prescribing the methods by which the percentages mentioned in clause (b.1) shall be determined including prescribing a method that bases the percentages on the prime interest rate charged by the bank, trust company, credit union or caisse populaire identified in a co-operative’s by-laws for that purpose; (b.3)  governing the electronic delivery of documents, including prescribing for the purposes of section 172 the circumstances in which a document shall not be sent electronically; (c)  prescribing any matter required by this Act to be prescribed by the regulations; (d)  designating any person for the purposes of clause (c) of the definition of “certified copy” in section 1 and for the purposes of section 182.  R.S.O. 1990, c. C.35, s. 186; 1992, c. 19, s. 24; 1994, c. 17, s. 29; 1997, c. 19, s. 3 (21, 22); 1997, c. 28, s. 49 (2); 2004, c. 31, Sched. 8, s. 31. Regulations re transfer of Superintendent powers, duties and functions (2) The Lieutenant Governor in Council may make regulations governing transitional matters that may arise due to the transfer of powers conferred on, duties assigned to and functions of the Superintendent under this Act to the Minister. 2018, c. 17, Sched. 9, s. 10. Minister’s regulations (2.1) The Minister may make regulations governing, (a)  inspections of statements under section 37, examinations of records under 118 and 119 and examinations of financial statements under section 135; (b)  transitional matters as the Minister considers necessary or advisable to facilitate the implementation of amendments to this Act made by Schedule 8 to the Less Red Tape, Stronger Economy Act, 2023. 2023, c. 9, Sched. 8, s. 22. Definition of Superintendent (3) In subsection (2), “Superintendent” means the former position of Superintendent of Financial Services under the repealed Financial Services Commission of Ontario Act, 1997. 2020, c. 36, Sched. 14, s. 5 (3). Section Amendments with date in force (d/m/y) 1992, c. 19, s. 24 - 24/08/1992; 1994, c. 17, s. 29 (1-3) - 23/06/1994; 1997, c. 19, s. 3 (21, 22) - 10/10/1997; 1997, c. 28, s. 49 (2) - 1/01/1998 2004, c. 31, Sched. 8, s. 31 (1, 2) - 31/08/2007 2018, c. 17, Sched. 9, s. 10 - 08/06/2019 2020, c. 36, Sched. 14, s. 5 (3) - 08/12/2020 2023, c. 9, Sched. 8, s. 22 - 01/10/2023