280. For the purpose of applying section 156 of the Business Corporations Act (chapter S-31.1) to a regulated business corporation, the following modifications must be made:(1) the reference to section 95 of that Act in paragraph 3 of that section 156 is replaced by a reference to section 245 of this Act; and
(2) the reference to section 104 of that Act in paragraph 4 of that section 156 is replaced by a reference to section 247 of this Act.