AMENDMENTS NOT IN FORCE
— 2009, c. 2, s. 469
— 2009, c. 2, s. 470
Articles and by-laws
470. (1) Any provisions of the articles of the Corporation, as defined in subsection 2(1) of the Air Canada Public Participation Act, that impose constraints described in paragraphs 6(1)(b) and (c) of that Act, as those paragraphs read immediately before the coming into force of section 469, and any provisions of the Corporation’s by-laws that give effect to those constraints, have, as of the day on which section 469 comes into force, no further force or effect.
Restatement of articles
(2) The articles of the Corporation may be restated under section 180 of the Canada Business Corporations Act as a result of subsection (1).
Shares no longer subject to constraint
(3) Any shares of the Corporation that, immediately before the coming into force of section 469, were subject to constraints referred to in subsection (1) cease to be subject to those constraints on the day on which that section comes into force.
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