E-6.1 - Act respecting the regulation of the financial sector

Section 19.30 Disposition versions

2021-12-08

19.30. The functions of the board include, in particular,

(1)  approving the Authority’s investment policies and multi-year budget estimates;

(2)  approving the by-law that establishes the Authority’s staffing plan;

(3)  ensuring that the board committees exercise their functions properly;

(4)  appointing, on the recommendation of the President and Chief Executive Officer, the superintendents and other officers of the Authority, other than the President and Chief Executive Officer, that are under the President and Chief Executive Officer’s immediate authority;

(5)  approving the information technology investment plan and an information resource management and security policy; and

(6)  determining the delegation and subdelegation of powers and signing authority in all matters connected with the board’s functions and powers.

The board shall also report to the Minister on any matter submitted to it by the latter and make recommendations to the Minister concerning the efficient use of Authority resources.

2021, c. 34, s. 83.