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E-6.1 - Act respecting the regulation of the financial sector
Section 49
Disposition versions
49. (Repealed).
2002, c. 45, s. 49; 2018, c. 232018, c. 23, s. 6181; 2021, c. 342021, c. 34, s. 1001.
49. The Council is composed of seven members, including a chair, appointed by the Minister.
These persons are chosen for their expertise in administrative management and their knowledge of the financial sector.
However, a person holding employment or an office or exercising a function that may, directly or indirectly, place the person’s interest in conflict with the person’s duties as a member of the Council may not be appointed to the Council.
49. The Council is composed of seven members, including a chair, appointed by the Minister.
These persons are chosen for their knowledge of the financial industry as well as for their expertise in the area of administrative management.
However, a person holding employment or an office or exercising a function for a person, partnership or any other entity governed by this Act or an Act referred to in section 7 may not be appointed as member of the Council.
The same applies to a person holding employment or an office or exercising a function or receiving any form of compensation, pecuniary benefit or any other income of any nature whatever that may, directly or indirectly, place the person’s interest in conflict with the person’s duties as a member of the Council.
