Subsidiaries of the Holding Corporation
2021, c.42, s.2
2.62(1)With the approval of the Lieutenant-Governor in Council, the Holding Corporation may incorporate a subsidiary under the
Business Corporations Act.
2.62(2)The articles of incorporation of a subsidiary of the Holding Corporation referred to in subsection (1) shall be submitted to and approved by the Lieutenant-Governor in Council before submission to the Director.
2.62(3)A subsidiary of the Holding Corporation referred to subsection (1) shall not be an agent of the Crown for any purpose.
2021, c.42, s.2; 2023, c.2, s.177