27. The affairs of the Société québécoise des bio-technologies agro-alimentaires are administered by a board of directors composed of seven members, three of whom are appointed by the Government and three by SOQUIA. The president of the Société québécoise des bio-technologies agro-alimentaires is a director, ex officio; he is appointed by SOQUIA with the approval of the Minister of Agriculture, Fisheries and Food. Directors need not be shareholders.