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E-6.1 - Act respecting the regulation of the financial sector
Section 38.1
Disposition versions
38.1. The Authority shall remit half the sums collected as fines or administrative sanctions or penalties to the Minister of Finance, at the intervals the latter determines. However, the sums collected as penalties under sections 115.2 and 419 of the Act respecting the distribution of financial products and services (chapter D-9.2), except the sums collected in a case prescribed by regulation, must be remitted in full to the Minister.
38.1. The Authority shall establish a fund to be known as the Education and Good Governance Fund.
The Fund is to be dedicated to educating consumers of financial products and services, protecting the public, promoting good governance and enhancing knowledge in the fields related to the mission of the Authority, according to the conditions established by the Authority.
