Eldorado Nuclear Limited Reorganization and Divestiture Act (S.C. 1988, c. 41)

Act current to 2013-04-29 and last amended on 2012-01-01. Previous Versions

Eldorado Nuclear Limited Reorganization and Divestiture Act

S.C. 1988, c. 41

Assented to 1988-07-28

An Act to authorize the reorganization and divestiture of Eldorado Nuclear Limited and to amend certain Acts in consequence thereof

Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:

SHORT TITLE

Marginal note:Short title

1. This Act may be cited as the Eldorado Nuclear Limited Reorganization and Divestiture Act.

INTERPRETATION

Marginal note:Definitions

  • 2. (1) In this Act,

    “agent corporation”

    « société mandataire »

    “agent corporation” means an agent corporation as defined in Part XII of the Financial Administration Act;

    “Eldorado”

    « Eldorado »

    “Eldorado” means Eldorado Nuclear Limited, a corporation continued under the Canada Business Corporations Act;

    “Minister”

    « ministre »

    “Minister” means such member of the Queen’s Privy Council for Canada as is designated by the Governor in Council as the Minister for the purposes of this Act;

    “new corporation”

    « nouvelle société »

    “new corporation” means the corporation in respect of which the Minister may submit articles pursuant to section 3 or any successor corporation by way of amalgamation or reorganization;

    “subsidiary of Eldorado”

    « filiale de Eldorado »

    “subsidiary of Eldorado” includes a subsidiary of a subsidiary of Eldorado.

  • Marginal note:Same meaning

    (2) Unless a contrary intention appears, words and expressions used in this Act have the same meaning as in the Canada Business Corporations Act.

  • Marginal note:Operation of Canada Business Corporations Act

    (3) In the event of any inconsistency between this Act and the Canada Business Corporations Act, or anything issued, made or established under that Act, this Act prevails.

  • Marginal note:Operation of Competition Act

    (4) Nothing in, or done under the authority of, this Act affects the operation of the Competition Act in respect of the acquisition of any interest in the new corporation.