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C-67.3 - Act respecting financial services cooperatives

Section 350
Disposition versions

Full text
350. The board of ethics and professional conduct shall notify the board of directors promptly, if
(1)  the rules of ethics or professional conduct are not observed;
(2)  in its opinion, the federation is contravening a provision of this Act or the regulations or by-laws in connection with insider trading and the rules on conflict of interest.
The board of ethics and professional conduct shall notify the Authority where it considers that the federation is neglecting to take the necessary measures in a timely manner, having regard to the circumstances, to remedy the situation identified in the notice.
2000, c. 29, s. 350; 2002, c. 45, s. 338; 2004, c. 37, s. 90; 2005, c. 35, s. 28.
350. The board of ethics shall notify the board of directors promptly, if
(1)  the rules of ethics are not observed;
(2)  in its opinion, the federation is contravening a provision of this Act or the regulations or by-laws in connection with insider trading and the rules on conflict of interest.
The board of ethics shall notify the Authority where it considers that the federation is neglecting to take the necessary measures in a timely manner, having regard to the circumstances, to remedy the situation identified in the notice.
2000, c. 29, s. 350; 2002, c. 45, s. 338; 2004, c. 37, s. 90.
350. The board of ethics shall notify the board of directors promptly, if
(1)  the rules of ethics are not observed;
(2)  in its opinion, the federation is contravening a provision of this Act or the regulations or by-laws in connection with insider trading and the rules on conflict of interest.
The board of ethics shall notify the Agency where it considers that the federation is neglecting to take the necessary measures in a timely manner, having regard to the circumstances, to remedy the situation identified in the notice.
2000, c. 29, s. 350; 2002, c. 45, s. 338.
350. The board of ethics shall notify the board of directors promptly, if
(1)  the rules of ethics are not observed;
(2)  in its opinion, the federation is contravening a provision of this Act or the regulations or by-laws in connection with insider trading and the rules on conflict of interest.
The board of ethics shall notify the Inspector General where it considers that the federation is neglecting to take the necessary measures in a timely manner, having regard to the circumstances, to remedy the situation identified in the notice.
2000, c. 29, s. 350.
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