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R-7, r. 1 - Regulation respecting leases and leasing and concession contracts of the Régie des installations olympiques
Section 18
Disposition versions
18. The Board may not enter into leasing contracts without the authorization of the Conseil du trésor:
(a) where the leasing contract exceeds 5 years in the case of the Olympic Village and 3 years in all other cases; or
(b) where the said contract grants exclusive occupation rights for a site to a sole tenant for more than 3 months.
Subject to the first paragraph, leasing contracts may not be entered into without the authorization of the board of directors of the Board with the exception of contracts that comply with the general policies approved by the board of directors of the Board for such type of leasing, in which case the contract may be entered into by the president and chief executive officer or any other person designated by the board of directors of the Board.
