R-20 - Act respecting labour relations, vocational training and workforce management in the construction industry

Section 3.8 Disposition versions

2022-06-03

3.8. Under pain of forfeiture of office, the president and chief executive officer shall have no direct or indirect interest in any undertaking placing his personal interest in conflict with that of the Commission.

Forfeiture of office shall not occur, however, if such interest devolves to him by succession or gift provided he renounces or disposes of it with all possible dispatch.

Every other member of the board of directors who has any direct or indirect interest in an undertaking placing his personal interest in conflict with that of the Commission shall, under pain of forfeiture of office, disclose his interest in writing to the chairman of the board of directors or, in the chairman’s case, to the Minister and the person designated under section 3.5 and, where applicable, abstain from sitting on the board and taking part in any discussion or decision when a matter pertaining to the undertaking in which he has an interest is being debated.

1986, c. 89, s. 3; 2022, c. 19, s. 262.

1987-01-01

3.8. Under pain of forfeiture of office, the chairman shall have no direct or indirect interest in any undertaking placing his personal interest in conflict with that of the Commission.

Forfeiture of office shall not occur, however, if such interest devolves to him by succession or gift provided he renounces or disposes of it with all possible dispatch.

Every member of the board of directors, other than the chairman, who has any direct or indirect interest in an undertaking placing his personal interest in conflict with that of the Commission shall, under pain of forfeiture of office, disclose his interest to the chairman in writing and abstain from sitting on the board and taking part in any discussion or decision when a matter pertaining to the undertaking in which he has an interest is being debated.

1986, c. 89, s. 3.