64. On ascertaining that a situation described in section 62 has been corrected, the Minister may terminate the provisional administration of the Institute on the date the Minister sets and must subsequently make a report to the Government.
The Minister must also make a report to the Government if the Minister ascertains that it will not be possible to correct the situation before the end of the provisional administration. The Government may, in such a case,(1) extend the provisional administration, provided each extension does not exceed 90 days; or
(2) declare the members of the board of directors forfeited of office and order the Minister to see to their replacement.
2021, c. 32021, c. 3, s. 64.