S-16.011 - Act respecting the Société du Plan Nord

Section 100 Disposition versions

2015-01-04

100. For the appointment of the first board of directors, section 29 is to be read as follows:

“29. The Company is administered by a board of directors composed of 9 to 15 members, including the chair and the president and chief executive officer.

At least the majority of the board members, including the chair, must qualify as independent directors in the opinion of the Government.

The majority of the board members must be from the area covered by the Northern Plan.

The Government appoints the members of the board of directors, other than the chair and the president and chief executive officer, based on their interest in and knowledge of the northern environment.

The majority of the board members, other than the chair and the president and chief executive officer, are appointed for a term of up to two years. The other members are appointed for a term of up to four years.”

2014, c. 16, s. 100.