2.1(1)There is established a corporation with share capital under the name New Brunswick Power Holding Corporation consisting of those persons who compose the board of directors. 

2.1(2)The Holding Corporation is a Crown corporation and is, for all purposes, an agent of the Crown.

2.1(3)Subject to this Act, the Holding Corporation has the capacity, rights, powers and privileges of a natural person.

2.1(4)The Holding Corporation has the capacity to carry on its business, conduct its affairs and exercise its powers outside the Province.

2.1(5)The Business Corporations Act does not apply to the Holding Corporation.

2.1(6)The head office of the Holding Corporation is at The City of Fredericton

2.1(1)There is established a corporation with share capital under the name New Brunswick Power Holding Corporation consisting of those persons who compose the board of directors. 

2.1(2)The Holding Corporation is a Crown corporation and is, for all purposes, an agent of the Crown.

2.1(3)Subject to this Act, the Holding Corporation has the capacity, rights, powers and privileges of a natural person.

2.1(4)The Holding Corporation has the capacity to carry on its business, conduct its affairs and exercise its powers outside the Province.

2.1(5)The Business Corporations Act does not apply to the Holding Corporation.

2.1(6)The head office of the Holding Corporation is at The City of Fredericton