V-1 - Securities Act

Full text
15. No commissioner, nor the Director or any officer or employee of the Commission may, on pain of forfeiture of office, have a direct or indirect interest in an undertaking putting his personal interest in conflict with that of the Commission.
Nevertheless, he shall not be so dismissed if such interest devolves to him by succession or by gift, provided that he renounce thereto or dispose thereof with diligence.
R. S. 1964, c. 274, s. 11; 1971, c. 77, s. 8.