3(1)The body corporate previously constituted under the name New Brunswick Securities Commission is continued as a body corporate without share capital under the name Financial and Consumer Services Commission.

3(2)The change of the name of the Commission does not affect the rights and obligations of the Commission, and all proceedings may be continued or commenced by and against the Commission under its new name that might have been continued or commenced by or against the Commission under its former name.

3(3)The Commission shall consist of a chair and the number of other members the Commission recommends, which shall not be less than five nor more than ten.

3(4)The Commission is, for all purposes, an agent of the Crown in right of the Province.

3(5)Subject to this Act, the Commission has the capacity, rights, powers and privileges of a natural person.

3(1)The body corporate previously constituted under the name New Brunswick Securities Commission is continued as a body corporate without share capital under the name Financial and Consumer Services Commission.

3(2)The change of the name of the Commission does not affect the rights and obligations of the Commission, and all proceedings may be continued or commenced by and against the Commission under its new name that might have been continued or commenced by or against the Commission under its former name.

3(3)The Commission shall consist of a chair and the number of other members the Commission recommends, which shall not be less than five nor more than ten.

3(4)The Commission is, for all purposes, an agent of the Crown in right of the Province.

3(5)Subject to this Act, the Commission has the capacity, rights, powers and privileges of a natural person.