An Act to establish the Corporation for the Mitigation of Mackenzie Gas Project Impacts (S.C. 2006, c. 4, s. 208)

Act current to 2013-04-29 and last amended on 2011-10-17. Previous Versions

LIQUIDATION

Marginal note:Order

20. The Governor in Council may, by order, require the Corporation to cease carrying on business and liquidate its assets.

Marginal note:Distribution

21. Any money remaining after liquidation shall be distributed in accordance with instructions given by the Governor in Council.

GENERAL

Marginal note:Mandatory by-laws

22. The Corporation shall include in its by-laws provisions

  • (a) entitling a regional organization that has made an application for a contribution from the Corporation to request the board to make a ruling as to the possible conflict of interest of a director in the consideration or disposal of the application;

  • (b) establishing procedures to be followed by the board in responding to the request and giving the ruling; and

  • (c) determining the fiscal year of the Corporation.

Marginal note:Inconsistencies

23. In the event of an inconsistency between the provisions of this Act and the provisions of Part X of the Financial Administration Act, the provisions of this Act prevail.

AMENDMENT OF SCHEDULE

Marginal note:Order in Council

24. The Governor in Council may, by order made on the recommendation of the Minister, add or delete the name of any organization to or from the schedule.