Medical High Technology International Inc. Shares Acquisition Order (SOR/89-538)
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Regulations are current to 2024-04-01
Medical High Technology International Inc. Shares Acquisition Order
SOR/89-538
Registration 1989-11-09
Order Authorizing Theratronics International Limited to Acquire and Hold Shares of Medical High Technology International Inc.
P.C. 1989-2234 1989-11-09
Whereas the Governor in Council, pursuant to subsection 91(6) of the Financial Administration Act, is satisfied that Theratronics International Limited, as a corporation incorporated under the Canada Business Corporations Act, is empowered to undertake the transaction described in the annexed Order.
Therefore, Her Excellency the Governor General in Council, on the recommendation of the Minister of State (Privatization and Regulatory Affairs) and the Treasury Board, pursuant to paragraph 91(1)(b) of the Financial Administration Act, is pleased hereby to make the annexed Order authorizing Theratronics International Limited to acquire and hold shares of Medical High Technology International Inc.
Short Title
1 This Order may be cited as the Medical High Technology International Inc. Shares Acquisition Order.
Authorized Transactions
2 Theratronics International Limited is hereby authorized to acquire, on or before March 31, 1990, shares having an aggregate value not exceeding US$250,000 of Medical High Technology International Inc. of Clearwater, Florida, U.S.A., that, on acquisition, will be held by, on behalf of or in trust for Theratronics International Limited.
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