Financial Administration Act

Version of section 107 from 2003-01-01 to 2005-06-28:

Marginal note:Resignation
  •  (1) A resignation of a director, chairman or chief executive officer of a parent Crown corporation becomes effective at the time the corporation receives a written resignation from him or at the time specified in the resignation, whichever is later.

  • Marginal note:Copy of resignation

    (2) A parent Crown corporation shall send a copy of the resignation to the Clerk of the Privy Council within fifteen days after the parent Crown corporation receives it.

  • R.S., 1985, c. F-11, s. 107;
  • 1991, c. 24, s. 31.
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