Conditions for amalgamation
 34. (1) No corporations may amalgamate unless, (a) they are standard condominium corporations; (b) in respect of each of the amalgamating corporations that is a phased condominium corporation, all phases have been completed or more than 10 years have passed since the registration of the declaration and description that created the corporation; (c) in respect of each of the amalgamating corporations, a turn-over meeting has been held under section 43 of the Act, or a predecessor of it, and, to the best of the knowledge of the board, the declarant has delivered to the board everything that section, or a predecessor of it, required the declarant to deliver; (d) each of the amalgamating corporations has conducted, in accordance with sections 27 to 33, a comprehensive reserve fund study or an updated study based on a site inspection within the year before the board gives the owners the notice of meeting described in subsection 120 (3) of the Act; and (e) each of the amalgamating corporations has entered into an interim agreement with each other dealing with the conduct of the affairs of each of the corporations from the day that the board of the first corporation to give the notice of meeting described in subsection 120 (3) of the Act has given that notice, until the corporations amalgamate or until their boards determine that the amalgamation will not proceed.  O. Reg. 48/01, s. 34 (1); O. Reg. 180/17, s. 31. (2) The agreement mentioned in clause (1) (e) shall deal with matters including, (a) expenditures from the reserve fund; (b) borrowing of funds; (c) making, amending or repealing by-laws; (d) entering into new contracts; (e) initiation of any legal proceedings; (f) any substantial addition, alteration, or improvement to the common elements, any substantial change in the assets of the corporation or any substantial change in a service that the corporation provides to the owners; and (g) any installation of an electric vehicle charging system carried out in accordance with subsection 24.3 (5). O. Reg. 114/18, s. 9. (3) The agreement mentioned in clause (1) (e) shall not contravene the regulations made under the Act or the declaration, by-laws or rules of each of the amalgamating corporations.  O. Reg. 48/01, s. 34 (3). (4) In addition to the requirements of subsection 120 (3) of the Act, the notice of meeting described in that subsection shall include, (a) a copy of the comprehensive reserve fund study or the updated study based on a site inspection that the corporation is required to conduct under clause (1) (d); (b) a copy of the interim agreement described in clause (1) (e); (c) an estimate of the costs of carrying out the proposed amalgamation for each of the amalgamating corporations; and (d) one of the following statements: 1. A statement describing the provisions of the proposed declaration, description, by-laws and rules that, in the opinion of the board giving the notice, differ significantly from those contained in the declaration, description, by-laws and rules of the amalgamating corporation. 2. A statement that there are no provisions in the proposed declaration, description, by-laws and rules that, in the opinion of the board giving the notice, differ significantly from those contained in the declaration, description, by-laws and rules of the amalgamating corporation.  O. Reg. 48/01, s. 34 (4). (5) The consent in writing mentioned in clause 120 (1) (b) of the Act, (a) must not be executed before the meeting held in accordance with subsections 120 (2) and (3) of the Act; and (b) must be executed by, (i) if the owner is an individual, the owner, (ii) if the owner is a corporation, the persons authorized to bind the corporation, or (iii) if a mortgagee is entitled to execute the consent in the place of the owner under section 48 of the Act, the individual mortgagee or, if the mortgagee is a corporation, the persons authorized to bind the corporation.  O. Reg. 48/01, s. 34 (5).