Financial Administration Act
Marginal note:Application to court
118 (1) Where a director or an officer of a Crown corporation fails to disclose his interest in a material contract in accordance with section 116, a court may, on application of the corporation or on behalf of the Crown, set aside the contract on such terms as it thinks fit.
Definition of court
(2) In this section, court means
(a) in the Province of Prince Edward Island or Newfoundland, the trial division of the Supreme Court of the Province;
(a.1) in the Province of Ontario, the Superior Court of Justice;
(b) in the Province of Quebec, the Superior Court of the Province;
(c) in the Province of New Brunswick, Manitoba, Saskatchewan or Alberta, the Court of Queen’s Bench for the Province;
(d) in the Provinces of Nova Scotia and British Columbia, the Supreme Court of the Province; and
(e) in Yukon or the Northwest Territories, the Supreme Court, and in Nunavut, the Nunavut Court of Justice.
- R.S., 1985, c. F-11, s. 118;
- R.S., 1985, c. 27 (2nd Supp.), s. 10;
- 1990, c. 17, s. 19;
- 1992, c. 51, s. 49;
- 1998, c. 30, ss. 13(F), 15(E);
- 1999, c. 3, s. 63;
- 2002, c. 7, s. 172(E).
- Date modified: