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U-1 - Act respecting the Université du Québec
Section 54.1
Disposition versions
54.1. No member of the board of directors of a research institute or of a superior school who holds an administrative position in or who is a member of the personnel of the research institute or superior school may, on pain of forfeiture of office, have any direct or indirect interest in an undertaking which places his personal interest in conflict with his duties of office. However, forfeiture shall not be incurred if such an interest devolves to him by succession or gift, provided he renounces or disposes of it with diligence.
Every other member of the board of directors who has a direct or indirect interest in an undertaking which places his personal interest in conflict with that of the institute or school shall, on pain of forfeiture of office, declare his interest in writing to the director general and abstain from participating in any deliberation or decision relating to the undertaking in which he has such interest or in any sitting at which his interest is discussed.
54.1. No member of the board of directors of a research institute or of a superior school who holds an administrative position in or who is a member of the personnel of the research institute or superior school may, on pain of forfeiture of office, have any direct or indirect interest in an undertaking which places his personal interest in conflict with his duties of office. However, forfeiture shall not be incurred if such an interest devolves to him by succession or gift, provided he renounces or disposes of it with diligence.
Every other member of the board of directors who has a direct or indirect interest in an undertaking which places his personal interest in conflict with that of the institute or school shall, on pain of forfeiture of office, declare his interest in writing to the principal and abstain from participating in any deliberation or decision relating to the undertaking in which he has such interest or in any sitting at which his interest is discussed.
