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Canadian Payments Act

Version of section 34 from 2011-10-17 to 2015-06-03:


Marginal note:Application of Canada Business Corporations Act

  •  (1) Subsections 16(1) and 21(1), sections 23 and 116, subsection 122(1), sections 155, 158, 159, 161, 164, 165, 166 and 168, subsection 169(1), section 170, subsections 171(7) and (8), section 172 and subsections 257(1) and (2) of the Canada Business Corporations Act apply, with such modifications as the circumstances require, to the Association as if it were a corporation incorporated under that Act.

  • Marginal note:Exemption from certain Acts

    (2) The Canada Corporations Act, chapter C-32 of the Revised Statutes of Canada, 1970, and the Canada Not-for-profit Corporations Act do not apply to the Association.

  • R.S., 1985, c. C-21, s. 34
  • 1994, c. 24, s. 34(F)
  • 2001, c. 9, s. 242
  • 2009, c. 23, s. 320

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