65.2.1. If the holder’s licence has been restricted, the holder must cease to perform any public contract if the other party to the contract, referred to in section 65.4, fails to apply to the Board, within 20 days after the restriction is registered, for authorization for continued performance of the contract or the Board does not grant the authorization within 10 days after it is applied for.
The Board may subject its authorization to certain conditions, including that the licence holder agree to the implementation, at the licence holder’s own expense, of oversight and monitoring measures determined by regulation of the Board.
Despite the first paragraph, the authorization of the Board is not required when the other party takes advantage of a guarantee arising from the contract.
2011, c. 35, s. 9; 2012, c. 21, s. 1.