Crown Corporations Dissolution or Transfer Authorization Act (S.C. 1991, c. 38)

Act current to 2014-08-05 and last amended on 2012-01-01. Previous Versions

 [Repealed before coming into force, 2008, c. 20, s. 3]

 [Amendment]

CANADIAN LIVESTOCK FEED BOARD

Marginal note:Corporation dissolved
  •  (1) The Canadian Livestock Feed Board is hereby dissolved.

  • Marginal note:References

    (2) Every reference to the Canadian Livestock Feed Board in any deed, contract or other document executed by the Board in its own name shall, unless the context otherwise requires, be read as a reference to Her Majesty in right of Canada.

  • Marginal note:Closing out affairs

    (3) The Minister designated for the purposes of the Livestock Feed Assistance Act may do all things and perform all acts necessary for or incidental to closing out the affairs of the Canadian Livestock Feed Board.

Marginal note:Commencement of legal proceedings
  •  (1) Any action, suit or other legal proceeding in respect of an obligation or liability incurred by the Canadian Livestock Feed Board, or by the Minister referred to in subsection 10(3) in closing out the affairs of the Board, may be brought against Her Majesty in right of Canada in any court that would have had jurisdiction if the action, suit or other legal proceeding had been brought against the Board.

  • Marginal note:Continuation of legal proceedings

    Footnote *(2) Any action, suit or other legal proceeding to which the Canadian Livestock Feed Board is party pending in any court on the coming into force of this section may be continued by or against Her Majesty in right of Canada in like manner and to the same extent as it could have been continued by or against the Board.

 [Amendments]

CANADIAN PATENTS AND DEVELOPMENT LIMITED

Marginal note:Procurement of dissolution
  •  (1) The Minister of Industry, Science and Technology is hereby authorized to procure the dissolution of Canadian Patents and Development Limited.

  • (2) [Repealed before coming into force, 2008, c. 20, s. 3]

  • Marginal note:Closing out affairs

    (3) Subject to section 34, the Minister of Industry, Science and Technology may do all things and perform all acts necessary for or incidental to closing out the affairs of Canadian Patents and Development Limited.

Marginal note:Transfer of administration of property
  •  (1) The Governor in Council may transfer, or direct to be transferred, the control, management and administration of any property, rights or interests of Her Majesty in right of Canada held by Canadian Patents and Development Limited from the Corporation to any Minister, department or agency of the Government of Canada.

  • Marginal note:Transfer of obligations and liabilities

    (2) The Governor in Council may transfer, or direct to be transferred, any obligations or liability incurred by Canadian Patents and Development Limited from the Corporation to any Minister, department or agency of the Government of Canada.