Hamilton By-law 07-170, s. 1(2) — Licensing By-law (Short-Term Rentals)

Where the shares in a corporation applying for an owner’s or operator’s licence are held in whole or in part by another corporation, the corporation so applying shall file with the Director of Licensing a Return in lieu thereof in a form supplied by the Director of Licensing which Return shall contain a list of all of its shareholders, and if such Return discloses that the shares in such other corporation are in turn held in whole or in part by a third corporation then the said applicant shall also file such a Return in respect of such third corporation listing its shareholders, and so on until the names of all living persons are shown and identified as the shareholders of any and all corporations having an interest, direct or indirect, in the shares of the applicant corporation.