An Act to incorporate the Jules and Paul-Émile Léger Foundation
Version of section 21 from 2002-12-31 to 2004-12-14:
Marginal note:Income revenues and profits
21 Subject to any by-law of the Foundation providing for the remuneration of officers, employees and agents of the Foundation, any profits or accretions to the value of the property of the Foundation shall be used to further the activities of the Foundation and no part of the property or profits of the Foundation may be distributed, directly or indirectly, to any member of the Foundation.
- Date modified: