85.5. The Minister may, after examining the provisional administrators’ report, and where he considers it warranted to remedy a situation described in subparagraphs 1 to 5 of the first paragraph of section 85.2 or to prevent the reoccurrence of a situation,(1) extend the provisional administration for not more than six months, or terminate it, on the conditions he determines;
(2) order, on the conditions he determines, a reorganization of the agency’s structure and activities;
(3) dismiss from office one or more directors of the housing agency whose powers have been suspended and see to the appointment or election of new directors;
(4) make any recommendation to the directors of the agency concerning its administration or that of a residential immovable.
A director dismissed from office under subparagraph 3 of the first paragraph is disqualified from sitting as a member of the board of directors of any housing agency referred to in section 85.1 for a period of three years from the dismissal.
Any extension of the provisional administration may, for the same reasons, be renewed by the Minister provided that no additional extension exceeds six months.
If the provisional administrators’ report does not establish the presence of a situation described in subparagraphs 1 to 5 of the first paragraph of section 85.2, the Minister shall immediately terminate the provisional administration.
Every decision of the Minister shall contain reasons and be sent with dispatch to the directors of the housing agency.
1996, c. 57, s. 1; 2019, c. 282019, c. 28, s. 1151; 2024, c. 22024, c. 2, s. 6111.