repudiation or avoidance
annulment or reduction of obligation
Canada Business Corporations Act, R.S.C., 1985, c. C-44
51. ...
(5) If a person who is less than eighteen years of age exercises any rights of ownership in the securities of a corporation, no subsequent repudiation or avoidance is effective against the corporation.
Only common law terminology
("repudiation or avoidance"
) is used in the English version.
Furthermore, in the French version, the concept of "désaveu"
does not refer to any concept relating to
contracts involving minors in either common law or civil law. Instead, the
common law concepts of "annulation"
and "répudiation"
and the civil law
concepts of "annulation"
and "réduction"
should be used.
In the English version, "or, in Quebec, annulment or
reduction of obligations"
is added.
In the French version, "désaveu ultérieur"
is
replaced by "l'annulation, la réduction des
obligations ou la répudiation ultérieure"
.
51. ...
(5) If a person who is less than 18 years of age exercises any rights of ownership in the securities of a corporation, no subsequent repudiation or avoidance or, in Quebec, annulment or reduction of obligations is effective against the corporation.
Federal Law-Civil Law Harmonization Act, No. 3, S.C. 2011, c. 21, s. 31(2).