Canada Mortgage and Housing Corporation Act (R.S.C., 1985, c. C-7)

Marginal note:Fiscal year

31. The fiscal year of the Corporation is the calendar year unless the Governor in Council otherwise directs.

Marginal note:Insolvency or winding-up not applicable

32. No Act relating to the insolvency or winding-up of any corporation applies to the Corporation and in no case shall the affairs thereof be wound up unless Parliament so provides.

Marginal note:Approval of Governor in Council on recommendation of Minister

33. Notwithstanding section 17, where under the Housing Acts any act, matter or thing to be done by the Minister requires the approval of the Governor in Council or where the Governor in Council may make any orders or regulations on the recommendation of the Minister, the approval may be given or the orders or regulations may be made on a recommendation of the Minister.

Marginal note:Assistance from government services

34. The minister of any department or the officer in charge of any other portion of the Government of Canada, or any agent of Her Majesty in right of Canada, may, on request of the Corporation and with the approval of the Governor in Council, agree to assist the Corporation on such terms and conditions as may be approved by the Governor in Council by providing such services as the Executive Committee may deem advisable for carrying out the business of the Corporation.