I-13.2 - Act respecting the Institut québécois de recherche sur la culture

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17. In no case may the president and director general of the Institut, under pain of forfeiture of office, have any direct or indirect interest in any undertaking causing his personal interest to conflict with that of the Institut. However, such forfeiture is not incurred if such an interest devolves to him by succession or gift, provided he renounces or disposes of it with all possible dispatch.
Every employee of the Institut is subject to the first paragraph in the cases provided for by the by-laws of the Institut.
Every other member of the Institut having an interest in an undertaking shall, under pain of forfeiture of his office, disclose it in writing to the president and director general and abstain from participating in any deliberation or decision involving the undertaking in which he has an interest.
1979, c. 10, s. 17; 1985, c. 30, s. 50.
17. Neither the president nor the director general of the Institut may, under pain of forfeiture of office, have any direct or indirect interest in any undertaking causing his personal interest to conflict with that of the Institut. However, such forfeiture is not incurred if such an interest devolves to him by succession or gift, provided he renounces or disposes of it with all possible dispatch.
Every employee of the Institut is subject to the first paragraph in the cases provided for by the by-laws of the Institut.
Every other member of the Institut having an interest in an undertaking shall, under pain of forfeiture of his office, disclose it in writing to the president and abstain from participating in any deliberation or decision involving the undertaking in which he has an interest.
1979, c. 10, s. 17.