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C-8 - Act respecting the Centre de recherche industrielle du Québec

Section 12
Disposition versions

Full text
12. Under pain of forfeiture of his office, the general manager of the Centre shall not have any direct or indirect interest in an undertaking that puts his personal interest in conflict with that of the Centre.
Such forfeiture shall not be incurred, however, if such interest devolves to him by succession or gift and he renounces or disposes of it with all possible dispatch.
Any other member of the Centre who has, directly or indirectly, any interest in a contract or draft contract with the Centre must, under pain of forfeiture of his office, reveal his interest to the other members forthwith, and he shall not vote on such contract or draft contract.
1969, c. 62, s. 12.
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