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25. |
For the purpose of election of the directors
of the company,
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(a)
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the holders
of common shares of the company who are persons who fulfil the statutory
conditions may exercise their voting rights only for the election of the
number of directors to be elected by them under a by-law in force at the time
of the election and made under subsection 12(4);
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(b)
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approved
telecommunications common carriers that are holders of common shares of the
company may exercise their voting rights only for the election of the number
of directors to be elected by them under a by-law described in paragraph (a); and
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(c)
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Her Majesty
in right of Canada and any corporation declared by statute to be an agent of
Her Majesty in right of Canada may not exercise the voting rights carried by
common shares held by them. R.S., c. T-4, s. 24.
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