C-2 - Act respecting the Caisse de dépôt et placement du Québec

Section 5 Disposition versions

2022-06-03

5. The affairs of the Fund shall be administered by a board of directors consisting of no fewer than 9 and no more than 15 members including a chair and the president and chief executive officer, who is a member of the board by virtue of office. Board members other than the chair and the president and chief executive officer are appointed by the Government for a term of up to four years, after consultation with the board. The Government shall fix, as the case may be, the salary, additional salary, fees or allowances of all board members but the president and chief executive officer.

The term of a board member, with the exception of the chair and the president and chief executive officer, may be renewed twice for service in that capacity only, for a consecutive or non-consecutive term.

1965 (1st sess.), c. 23, s. 5; 1977, c. 5, s. 14; 1977, c. 62, s. 1; 1990, c. 84, s. 1; 1995, c. 9, s. 1; 1997, c. 88, s. 1; 2004, c. 33, s. 4; 2022, c. 19, s. 73.

2005-01-15

5. The affairs of the Fund shall be administered by a board of directors consisting of no fewer than 9 and no more than 15 members including a chair and the president and chief executive officer, who is a member of the board by virtue of office. Board members other than the chair and the president and chief executive officer are appointed by the Government for a term of up to five years, after consultation with the board. The Government shall fix, as the case may be, the salary, additional salary, fees or allowances of all board members but the president and chief executive officer.

The term of a board member, with the exception of the chair and the president and chief executive officer, may be renewed for up to a combined total of ten years.

1965 (1st sess.), c. 23, s. 5; 1977, c. 5, s. 14; 1977, c. 62, s. 1; 1990, c. 84, s. 1; 1995, c. 9, s. 1; 1997, c. 88, s. 1; 2004, c. 33, s. 4.

1997-12-19

5. The Fund shall be administered by a board of directors consisting of the general manager of the Fund, the president of the Régie des rentes du Québec and nine other members appointed for three years by the Government which shall fix, as the case may be, the salary, additional salary, fees or allowances of each of them.

Of such nine members, two shall be chosen from among the officers of the Government or the directors of a government agency, another shall be chosen from among the representatives of associations of employees and another shall be chosen from among the directors of cooperative associations. At least seven of such nine members must be resident in Québec.

A government agency mentioned in the second paragraph is one to which the majority of its members are appointed by the Government or a minister, or at least one half of whose capital stock is derived from the consolidated revenue fund.

1965 (1st sess.), c. 23, s. 5; 1977, c. 5, s. 14; 1977, c. 62, s. 1; 1990, c. 84, s. 1; 1995, c. 9, s. 1; 1997, c. 88, s. 1.

1995-03-31

5. The Fund shall be administered by a board of directors consisting of the general manager of the Fund, the president of the Régie des rentes du Québec and nine other members appointed for three years by the Government which shall fix, as the case may be, the salary, additional salary, fees or allowances of each of them.

Of such nine members, two shall be chosen from among the officers of the Government or the directors of a government agency, another shall be chosen from among the representatives of associations of employees and another shall be chosen from among the directors of cooperative associations.

A government agency mentioned in the second paragraph is one to which the majority of its members are appointed by the Government or a minister, or at least one half of whose capital stock is derived from the consolidated revenue fund.

1965 (1st sess.), c. 23, s. 5; 1977, c. 5, s. 14; 1977, c. 62, s. 1; 1990, c. 84, s. 1; 1995, c. 9, s. 1.

1990-12-20

5. The Fund shall be administered by a board of directors consisting of the chairman of the board of directors and chief executive officer of the Fund, the president and chief of operations of the Fund, the president of the Régie des rentes du Québec and eight other members appointed for three years by the Government who shall fix, as the case may be, the salary, additional salary, fees or allowances of each of them.

Of such eight members, two shall be chosen from among the officers of the Government or the directors of a government agency, another shall be chosen from among the representatives of associations of employees and another shall be chosen from among the directors of cooperative associations.

A government agency mentioned in the second paragraph is one to which the majority of its members are appointed by the Government or a minister, or at least one half of whose capital stock is derived from the consolidated revenue fund.

1965 (1st sess.), c. 23, s. 5; 1977, c. 5, s. 14; 1977, c. 62, s. 1; 1990, c. 84, s. 1.

1977-12-31

5. The Fund shall be administered by a board of directors consisting of the General Manager of the Fund, the president of the Régie des rentes du Québec and seven other members appointed for three years by the Government who shall fix, as the case may be, the salary, additional salary, fees or allowances of each of them.

Of such seven members, two shall be chosen from among the officers of the Government or the directors of a government agency, another shall be chosen from among the representatives of associations of employees and another shall be chosen from among the directors of cooperative associations.

A government agency mentioned in the second paragraph is one to which the majority of its members are appointed by the Government or a minister, or at least one half of whose capital stock is derived from the consolidated revenue fund.

1965 (1st sess.), c. 23, s. 5; 1977, c. 5, s. 14; 1977, c. 62, s. 1.