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5 (1) The Board has the capacity and, subject to this Act, the rights, powers and privileges of a natural person.
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Marginal note:No inconsistent business or activity
(2) The Board and its subsidiaries shall not, directly or indirectly, carry on any business or activity or exercise any power that is inconsistent with the Board’s objects, or that the Board is restricted by this Act from carrying on or exercising, and shall not, directly or indirectly, exercise any of its powers in a manner contrary to this Act.
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Marginal note:No invalidity
(3) No act of the Board, including a transfer of property, is invalid by reason only that the Board was without the capacity or power to so act.
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Marginal note:Consultation
(4) The Minister shall consult the Board if changes to pension plan design or funding are proposed with respect to the pension plans created under the Acts referred to in paragraph 4(1)(a).