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F-3.1.2 - Act to establish Fondaction, le Fonds de développement de la Confédération des syndicats nationaux pour la coopération et l’emploi
Section 25
Disposition versions
25. Any director or officer having an interest in an economic activity causing his personal interest to conflict with that of the Fund shall, under pain of forfeiture of office, disclose his interest. In addition, a director shall abstain from voting on any decision involving the activity in which he has an interest.
A director or officer is deemed to have an interest in any economic activity in which a member of his immediate family has an interest.
25. Any director having an interest in an economic activity causing his personal interest to conflict with that of the Fund shall, under pain of forfeiture of office, disclose his interest and abstain from voting on any decision involving the activity in which he has an interest.
A director is deemed to have an interest in any economic activity in which his spouse or child has an interest.
