Canada Transportation Act

Version of section 10 from 2003-01-01 to 2015-02-25:

Marginal note:Members — conflicts of interest
  •  (1) A member appointed under paragraph 7(2)(a) shall not, directly or indirectly, as owner, shareholder, director, officer, partner or otherwise,

    • (a) be engaged in a transportation undertaking or business; or

    • (b) have an interest in a transportation undertaking or business or an interest in the manufacture or distribution of transportation plant or equipment, unless the distribution is merely incidental to the general merchandising of goods.

  • Marginal note:Temporary members may not hold other office

    (2) During the term of office of a temporary member, the member shall not accept or hold any office or employment that is inconsistent with the member’s duties under this Act.

  • Marginal note:Disposal of conflict of interest

    (3) Where an interest referred to in subsection (1) vests in a member appointed under paragraph 7(2)(a) for the benefit of the member by will or succession, the interest shall, within three months after the vesting, be absolutely disposed of by the member.

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