Naskapi and the Cree-Naskapi Commission Act

Marginal note:Legal capacity of bands

• 22 (1) The band has, subject to this Act and the regulations, the capacity, rights, powers and privileges of a natural person.

• Marginal note:Restriction on band’s commercial activities

  (2) The band shall not engage, directly or indirectly, in any commercial activity, except in so far as it is related to

  • (a) the management or administration of

    • (i) its Category IA-N land or the natural resources thereof, or

    • (ii) its buildings or other immovable assets on its Category IA-N land; or

  • (b) the provision of public services to or in respect of its Category IA-N land or residents thereof.

• Marginal note:Band may own shares in corporations

  (3) Notwithstanding subsection (2), the band may own shares in corporations that carry on commercial activities.