Government Corporations Operation Act (R.S.C., 1985, c. G-4)

Act current to 2013-05-26 and last amended on 2005-04-01. Previous Versions

APPLICATION

Marginal note:Application to corporation by proclamation

 This Act applies to a corporation only from the date of the issue of a proclamation by the Governor in Council declaring this Act to be applicable to that corporation.

  • R.S., c. G-7, s. 6.
Marginal note:Cessation of application
  •  (1) The Governor in Council may issue a proclamation declaring that this Act shall cease to apply to a corporation in respect of which a proclamation has been issued pursuant to section 6.

  • Marginal note:No prejudice to superannuation rights or benefits

    (2) On the effective date of a proclamation issued pursuant to subsection (1), this Act ceases to apply to the corporation named therein and the corporation ceases to be an agent of Her Majesty but without prejudice to any rights acquired by any person pursuant to subsection 5(2), (3) or (5).

  • R.S., c. G-7, s. 7.