DHC Shares Sale Regulations (SOR/86-61)

Regulations are current to 2013-04-29

DHC Shares Sale Regulations

SOR/86-61

FINANCIAL ADMINISTRATION ACT

Registration 1985-12-20

Regulations Respecting the Sale of Shares of The de Havilland Aircraft of Canada, Limited

P.C. 1985-3760  1985-12-20

Her Excellency the Governor General in Council, on the recommendation of the Minister of Regional Industrial Expansion and the Treasury Board, pursuant to section 34Footnote * of the Financial Administration Act, is pleased hereby to make the annexed Regulations respecting the sale of shares of The de Havilland Aircraft of Canada, Limited.

SHORT TITLE

1. These Regulations may be cited as the DHC Shares Sale Regulations.

INTERPRETATION

2. In these Regulations,

“CDIC”

“CDIC” means the Canada Development Investment Corporation; (CDIC)

“DHC”

“DHC” means The de Havilland Aircraft of Canada, Limited. (DHC)

  • SOR/90-124, s. 1.

AUTHORITY

3. The Minister of Regional Industrial Expansion on behalf of Her Majesty in right of Canada may become a party to the Acquisition Agreement with The Boeing Company regarding the sale of 31,999 Class A shares and 10,000 Class B common shares of DHC to The Boeing Company, including all amendments thereto, and may assume all liability of CDIC thereunder in respect of any obligation assumed towards The Boeing Company.

  • SOR/90-124, s. 2.