C-29 - General and Vocational Colleges Act

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68. In no case may the director of a constituent college, on pain of forfeiture of office, have a direct or indirect interest in any enterprise that places the director’s personal interest in conflict with that of the regional college or the constituent college. However, forfeiture shall not be incurred where such interest devolves to the director by succession or gift, provided the director renounces or disposes of it with dispatch.
Section 20.2, adapted as required, applies to the director of a constituent college.
1997, c. 87, s. 26.