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C-67.3 - Act respecting financial services cooperatives

Section 570
Disposition versions

Full text
570. The order of the Authority must state the reasons on which the order is based. The Authority shall send the order to each director of the legal person concerned or, as the case may be, to each member of the board of supervision of the credit union or, as the case may be, of the board of ethics and professional conduct of the federation. The order shall become effective on the day it is served or on any later date indicated therein.
2000, c. 29, s. 570; 2002, c. 45, s. 338; 2004, c. 37, s. 90; 2005, c. 35, s. 35, s. 36; 2018, c. 23, s. 323.
570. The order of the Authority must state the reasons on which the order is based. The Authority shall send the order to each director of the legal person concerned or, as the case may be, to each member of the board of supervision of the credit union or, as the case may be, of the board of ethics and professional conduct of the federation. The order shall become effective on the day it is served or on any later date indicated therein.
Before issuing an order, the Authority shall give the contravener at least 15 days’ notice indicating the grounds purporting to justify the order, the date on which the order is to take effect and the right of the contravener to present observations.
2000, c. 29, s. 570; 2002, c. 45, s. 338; 2004, c. 37, s. 90; 2005, c. 35, s. 35, s. 36.
570. The order of the Authority must state the reasons on which the order is based. The Authority shall send the order to each director of the legal person concerned or, as the case may be, to each member of the board of audit and ethics of the credit union or, as the case may be, of the board of ethics of the federation. The order shall become effective on the day it is served or on any later date indicated therein.
Before issuing an order, the Authority shall give the contravener at least 15 days’ notice indicating the grounds purporting to justify the order, the date on which the order is to take effect and the right of the contravener to present observations.
2000, c. 29, s. 570; 2002, c. 45, s. 338; 2004, c. 37, s. 90.
570. The order of the Agency must state the reasons on which the order is based. The Agency shall send the order to each director of the legal person concerned or, as the case may be, to each member of the board of audit and ethics of the credit union or, as the case may be, of the board of ethics of the federation. The order shall become effective on the day it is served or on any later date indicated therein.
Before issuing an order, the Agency shall give the contravener at least 15 days’ notice indicating the grounds purporting to justify the order, the date on which the order is to take effect and the right of the contravener to present observations.
2000, c. 29, s. 570; 2002, c. 45, s. 338.
570. The order of the Inspector General must state the reasons on which the order is based. The Inspector General shall send the order to each director of the legal person concerned or, as the case may be, to each member of the board of audit and ethics of the credit union or, as the case may be, of the board of ethics of the federation. The order shall become effective on the day it is served or on any later date indicated therein.
Before issuing an order, the Inspector General shall give the contravener at least 15 days’ notice indicating the grounds purporting to justify the order, the date on which the order is to take effect and the right of the contravener to present observations.
2000, c. 29, s. 570.
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