Naskapi and the Cree-Naskapi Commission Act
130 (1) In this Part,
lease does not include an emphyteutic lease; (bail)
transfer means a transfer made directly or indirectly, but does not include a transfer by testamentary or intestate succession. (transfert)
Marginal note:Deemed transfer of corporation’s right or interest
(2) For the purposes of this Part, where a corporation holds a right or interest in Category IA-N land and subsequently there is a change in the effective voting control of that corporation (otherwise than by testamentary or intestate succession), a transfer of that right or interest shall be deemed to have occurred.
Marginal note:Civil Codes
(3) In construing the nature and extent of the rights and interests listed in subsection 132(1), reference shall be had to the Civil Code of Quebec and the Civil Code of Lower Canada to the extent that they are not inconsistent with this Act or with the provisions of the grant of that right or interest.
- 1984, c. 18, s. 130
- 2018, c. 4, s. 123
- Date modified: