Acts and Regulations

2015, c.44 - Service New Brunswick Act

Section 49
Disposition versions

Full text
Transfer and vesting provision with respect to FacilicorpNB Ltd./Ltée.
49(1)On the commencement of this section,
(a) the property of FacilicorpNB Ltd./Ltée. becomes the property of Service New Brunswick, and
(b) the claims, rights, liabilities, obligations and privileges of FacilicorpNB Ltd./Ltée. are transferred to and become vested in Service New Brunswick.
49(2)On the commencement of this section, in any document dealing with property transferred to and vested in Service New Brunswick under paragraph (1)(a) or a claim, right, liability, obligation or privilege transferred to and vested in Service New Brunswick under paragraph (1)(b), it is sufficient to cite this Act as effecting the transfer to and vesting in Service New Brunswick of the property, claim, right, liability, obligation or privilege.
Transfer and vesting provision with respect to FacilicorpNB Ltd./Ltée.
49(1)On the commencement of this section,
(a) the property of FacilicorpNB Ltd./Ltée. becomes the property of Service New Brunswick, and
(b) the claims, rights, liabilities, obligations and privileges of FacilicorpNB Ltd./Ltée. are transferred to and become vested in Service New Brunswick.
49(2)On the commencement of this section, in any document dealing with property transferred to and vested in Service New Brunswick under paragraph (1)(a) or a claim, right, liability, obligation or privilege transferred to and vested in Service New Brunswick under paragraph (1)(b), it is sufficient to cite this Act as effecting the transfer to and vesting in Service New Brunswick of the property, claim, right, liability, obligation or privilege.