C-4.1 - Savings and Credit Unions Act

Section 354 Disposition versions

1997-02-15

354. The board of directors of a federation may in addition, at the request of the board of audit and ethics of a credit union affiliated with it, intervene in respect of that credit union to resolve a conflict of interest or to apply a rule of ethics, in accordance with the intervention procedure established in the rules of ethics.

1988, c. 64, s. 354; 1994, c. 38, s. 8; 1996, c. 69, s. 104.

1994-06-17

354. No member of the ethics committee may be an employee of the federation or of the credit unions affiliated with it, or a director, officer or employee of a legal person referred to in the first paragraph of section 469.1 or of a holding company controlled by the confederation with which the federation is affiliated, where that is the case, of a legal person controlled by the holding company or, if the federation is affiliated with La Confédération des caisses populaires et d’économie Desjardins du Québec, of La Caisse centrale Desjardins du Québec, or a shareholder holding 10 % or more of the voting rights attached to the shares of legal persons belonging to the same group as the federation.

1988, c. 64, s. 354; 1994, c. 38, s. 8.

1989-03-15

354. No member of the ethics committee may be an employee of the federation or of the credit unions affiliated with it, or a director, officer or employee of a holding company controlled by the confederation with which the federation is affiliated, where that is the case, of a legal person controlled by the holding company or, if the federation is affiliated with La Confédération des caisses populaires et d’économie Desjardins du Québec, of La Caisse centrale Desjardins du Québec, or a shareholder holding 10 % or more of the voting rights attached to the shares of legal persons belonging to the same group as the federation.

1988, c. 64, s. 354.