Marginal note:Shares held in trust
11 (1) The shares of the capital stock of a company, except the shares that are necessary to qualify persons other than the Minister as directors, shall be owned or held by the Minister, or by another company, in trust for Her Majesty in right of Canada.
Marginal note:Agent of Her Majesty
(2) A company is for all its purposes an agent of Her Majesty in right of Canada.
(3) [Repealed, 1997, c. 9, s. 93]
- R.S., 1985, c. A-16, s. 11
- 1997, c. 9, s. 93
- Date modified: