Financial Administration Act — F-11 83
Definitions 83 (1) In this Part, agent corporation means a Crown corporation that is expressly declared by or pursuant to any other Act of Parliament to be an agent of the Crown; ( société mandataire ) appoint includes elect and designate; ( nomination ) appropriate Minister means, (a) in relation to a parent Crown corporation, (i) the Minister specified by or pursuant to any other Act of Parliament as the Minister in respect of that corporation, or (ii) if no Minister is specified as described in subparagraph (i), such member of the Queen’s Privy Council for Canada as is designated by order of the Governor in Council as the appropriate Minister for the corporation, and (b) in relation to a wholly-owned subsidiary, the appropriate Minister, as defined in paragraph (a), for the parent Crown corporation that wholly owns the subsidiary; ( ministre de tutelle ) articles means (a) original or restated articles of incorporation, articles of amendment, articles of amalgamation, articles of continuance, articles of reorganization, articles of arrangement, articles of dissolution and articles of revival, and includes any amendments thereto, and (b) letters patent, memorandum of association and any constating documents or other documents of a like nature to those referred to in paragraph (a), and includes any amendments thereto; ( statuts ) auditor includes a partnership of auditors; ( vérificateur ) board of directors means a board of directors, by whatever name called, of a corporation and includes a group of persons, other than a minister of the Crown, that constitutes a corporation; ( conseil d’administration ) by-law means a by-law, by whatever name called, of a corporation and includes an amendment or a repeal of a by-law; ( règlements administratifs ) chairperson means a person occupying the position of chairperson, by whatever name called, of the board of directors of a corporation; ( président ) charter means (a) in relation to a corporation established by an Act of Parliament, the Act, and (b) in relation to a corporation established by articles, the articles; ( acte constitutif ) corporation includes a company or other body corporate wherever or however incorporated; ( personne morale ) Crown means Her Majesty in right of Canada; ( Sa Majesté ) Crown corporation means a parent Crown corporation or a wholly-owned subsidiary; ( société d’État ) directive [Repealed, 1991, c. 24, s. 21] director means a person occupying the position of director, by whatever name called, of a corporation and includes any person, other than a minister of the Crown, in a group of persons that constitutes a corporation; ( administrateur ) major business or activity , in relation to a parent Crown corporation or a wholly-owned subsidiary, means a class of business or activity of the corporation or subsidiary established pursuant to subsection (10) or, if no classes are so established, all the business or activity of the corporation or subsidiary; ( activités principales ) parent Crown corporation means a corporation that is wholly owned directly by the Crown, but does not include a departmental corporation; ( société d’État mère ) regulations means the regulations made under this Part; ( règlements ) share includes a membership interest or ownership interest in a corporation; ( action ) wholly-owned subsidiary means a corporation that is wholly owned by one or more parent Crown corporations directly or indirectly through any number of subsidiaries each of which is wholly owned directly or indirectly by one or more parent Crown corporations. ( filiale à cent pour cent ) Wholly owned by Crown (2) For the purposes of this Part, a corporation is wholly owned directly by the Crown if (a) all of the issued and outstanding shares of the corporation, other than shares necessary to qualify persons as directors, are held, otherwise than by way of security only, by, on behalf of or in trust for the Crown; or (b) all the directors of the corporation, other than e