Atomic Energy of Canada Limited Authorization Order, 1988-2 (SOR/88-652)

Regulations are current to 2017-10-13

Atomic Energy of Canada Limited Authorization Order, 1988-2

SOR/88-652

FINANCIAL ADMINISTRATION ACT

Registration 1988-12-09

Order Authorizing Atomic Energy of Canada Limited to Procure the Incorporation of a Corporation and to Hold and Acquire Shares Thereof

P.C. 1988-2743 1988-12-09

Whereas the Governor in Council, pursuant to subsection 101(6)Footnote * of the Financial Administration Act, is satisfied that Atomic Energy of Canada Limited, a corporation continued under section 181Footnote ** of the Canada Business Corporations ActFootnote ***, is empowered to procure the incorporation of a corporation and to hold and acquire the shares thereof.

Therefore, Her Excellency the Governor General in Council, on the recommendation of the Minister of Energy, Mines and Resources and the Treasury Board, pursuant to paragraphs 101(1)(a)Footnote * and (b)Footnote * of the Financial Administration Act, is pleased hereby to make the annexed Order authorizing Atomic Energy of Canada Limited to procure the incorporation of a corporation and to hold and acquire shares thereof.

Short Title

 This Order may be cited as the Atomic Energy of Canada Limited Authorization Order, 1988-2.

Authorized Transactions

 Atomic Energy of Canada Limited is hereby authorized

  • (a) to procure the incorporation of a corporation all the shares of which, on incorporation, will be held by, on behalf of or in trust for Atomic Energy of Canada Limited; and

  • (b) to acquire shares of the corporation that, on acquisition, will be held by, on behalf of or in trust for Atomic Energy of Canada Limited.

 
Date modified: