Skip to main content

Bill S-11

If you have any questions or comments regarding the accessibility of this publication, please contact us at accessible@parl.gc.ca.

PDF
Retention of records

(3) The Director is not required to produce any document, other than a certificate and attached articles or statement filed under section 373, after the expiration of the prescribed period.

TRANSITIONAL PROVISIONS

233. Part XIX.1 of the Canada Business Corporations Act, as enacted by section 115 of this Act, does not apply to any proceeding commenced before the coming into force of that section.

234. Part 18.1 of the Canada Cooperatives Act, as enacted by section 218 of this Act, does not apply to any proceeding commenced before the coming into force of that section.

RELATED AMENDMENTS

R.S., c. 35, (4th Supp.)

Air Canada Public Participation Act

235. (1) Subsection 6(4) of the Air Canada Public Participation Act is repealed.

(2) The portion of subsection 6(5) of the Act before paragraph (a) is replaced by the following:

Exceptions

(5) For the purposes of this section,

(3) Subsection 6(5) of the Act is amended by adding the word ``and'' at the end of paragraph (a) and by repealing paragraph (b).

1985, c. 49

Canada Development Corporation Reorganization Act

236. (1) Subsection 5(6) of the Canada Development Corporation Reorganization Act is repealed.

(2) The portion of subsection 5(7) of the Act before paragraph (a) is replaced by the following:

Exceptions

(7) For the purposes of this section,

(3) Subsection 5(7) of the Act is amended by adding the word ``and'' at the end of paragraph (a) and by repealing paragraph (b).

1995, c. 24

CN Commercialization Act

237. (1) Subsection 8(4) of the CN Commercialisation Act is repealed.

(2) The portion of subsection 8(5) of the Act before paragraph (a) is replaced by the following:

Exceptions

(5) For the purposes of this section,

(3) Subsection 8(5) of the Act is amended by adding the word ``and'' at the end of paragraph (a) and by repealing paragraph (b).

1990, c. 4

Nordion and Theratronics Divestiture Authorization Act

238. (1) Subsection 6(4) of the Nordion Theratronics Divestiture Authorization Act is repealed.

(2) The portion of subsection 6(5) of the Act before paragraph (a) is replaced by the following:

Exceptions

(5) For the purposes of this section,

(3) Subsection 6(5) of the Act is amended by adding the word ``and'' at the end of paragraph (a) and by repealing paragraph (b).

CONSEQUENTIAL AMENDMENTS

1997, c. 26

Budget Implementation Act, 1997

239. Paragraph 8(2)(n) of the Budget Implementation Act, 1997 is replaced by the following:

    (n) subsections 124(1) to (6) (indemnification of directors and insurance for director's liability);

R.S., c. C-10

Canada Post Corporation Act

1993, c. 17, s. 1

240. Section 27 of the Canada Post Corporation Act is replaced by the following:

Canada Business Corporations Act

27. (1) The definitions ``beneficial ownership'', ``debt obligation'', ``redeemable share'', ``security'', ``security interest'' and ``special resolution'' in subsection 2(1) and sections 23 to 26, 34, 36 to 38 (except subsection 38(6)), 42, 43, 50, 172 and 257 of the Canada Business Corporations Act apply, with such modifications as the circumstances require, in respect of the Corporation as if the references therein to articles were references to the by-laws of the Corporation.

Assets of Corporation

(2) For the purposes of applying subsections 34(2), 36(2) and 38(3) and section 42 of the Canada Business Corporations Act in respect of the Corporation, the assets held by the Corporation as an agent of Her Majesty in right of Canada shall be deemed to be assets of the Corporation.

COMING INTO FORCE

Coming into force

241. The provisions of this Act come into force on a day or days to be fixed by order of the Governor in Council.