50. The Corporation may make by-laws to provide, on such conditions as it determines therein, for the membership in such plan of the employees of companies of which it holds 90% of the shares, whether they enter the employ of the Corporation or remain in the employ of one of such companies.
For such purpose, and for all other purposes of its retirement plan, the Corporation may make agreements with:
(a) each of such companies;
(b) the companies or associations which insure the retirement plans of such companies or of electricity cooperatives whose property it has acquired;
(c) the trustees administering the retirement funds of such companies;
(d) the government of Canada with respect to Government Annuities.
1965 (1st sess.), c. 33, s. 3; 1978, c. 41, s. 1.