14. The affairs of the financing authority shall be administered by a board of directors whose members are appointed by the Minister as follows:
(1) four persons who are members of the personnel of the Ministère des Finances; and
(2) one person for each of the departments under the authority, respectively, of the ministers responsible for the public bodies mentioned in subparagraphs 1 to 6 of the first paragraph of section 4, unless none of those bodies under a minister’s authority receives services offered by the financing authority.
The members referred to in subparagraph 2 of the first paragraph must be personnel members of the department for which they are appointed. In addition, they are appointed on the recommendation of the Minister to whom they are responsible.
The board of directors is composed of nine members. This number may increase to 11 if, under subparagraph 2 of the first paragraph, a new member must be appointed before the term of office of any of the other members has expired.
1999, c. 11, s. 14; 2003, c. 19, s. 250; 2005, c. 28, s. 195, s. 196; 2009, c. 26, s. 109; 2015, c. 8, s. 335.