International Bridges and Tunnels Act

Marginal note:Capacity and powers

• 32 (1) A corporation is incorporated for the purpose of constructing or operating an international bridge or tunnel in respect of which its letters patent are issued and, for that purpose and for the purposes of this Act, has the capacity, rights, powers and privileges of a natural person.

• Marginal note:Restriction on activities and powers

  (2) A corporation shall not carry on any activity or exercise any power that it is restricted by its letters patent, or by regulations made under subsection 31(1), from carrying on or exercising, nor shall it exercise any of its powers or carry on any of its activities in a manner contrary to its letters patent, those regulations or this Act.

• Marginal note:Within Canada

  (3) A corporation may carry on its activities throughout Canada.

• Marginal note:Extra-territorial capacity

  (4) A corporation has the capacity to carry on its activities, conduct its affairs and exercise its powers in any jurisdiction outside Canada to the extent that the laws of that jurisdiction permit.