Acts and Regulations

2018, c.3 - Cannabis Management Corporation Act

Full text
Transfer and vesting provision
40(1)On the commencement of this section,
(a) the property of 698202 NB Inc./698202 N.-B. Inc. becomes the property of the Cannabis Management Corporation, and
(b) the claims, rights, liabilities, obligations and privileges of 698202 NB Inc./698202 N.-B. Inc. are transferred to and become vested in the Cannabis Management Corporation.
40(2)On the commencement of this section, in any document dealing with property transferred to and vested in the Cannabis Management Corporation under paragraph (1)(a) or a claim, right, liability, obligation or privilege transferred to and vested in the Cannabis Management Corporation under paragraph (1)(b), it is sufficient to cite this Act as effecting the transfer to and vesting in the Cannabis Management Corporation of the property, claim, right, liability, obligation or privilege.