F-1.2 - Act respecting farm financing

Section 104 Disposition versions

1988-08-11

104. The chairman shall not, under pain of forfeiture of office, have any direct or indirect interest in an enterprise putting his personal interest in conflict with that of the Office. However, forfeiture is not incurred if such an interest devolves to him by succession or gift, provided that he renounces or disposes of it with dispatch.

Any other member of the Office having an interest in such an enterprise shall, under pain of forfeiture of office, disclose his interest in writing to the chairman and abstain from taking part in any deliberations or decision concerning the enterprise.

1987, c. 86, s. 104.