7. Limitation

(1)  The Corporation cannot hold real property or an interest in real property in its own name.  2011, c. 9, Sched. 32, s. 7 (1).

Exception

(2)  Despite subsection (1), the Corporation may hold real property or an interest in real property in its own name under an agreement, security or instrument that includes a declaration under subsection 3 (2).  2011, c. 9, Sched. 32, s. 7 (2).

Same

(3)  Despite subsection (1), the Corporation may, in its own name, take a security interest in real property or an interest in real property in respect of activities related to paragraph 1 of subsection 4 (1).  2011, c. 9, Sched. 32, s. 7 (3).