Public Sector Pension Investment Board Act

Version of section 40 from 2002-12-31 to 2005-06-28:


Marginal note:Right to information

  •  (1) On the request of the Board’s auditor, the present or former directors, officers, employees or agents or mandataries of the Board shall provide to the auditor all information and explanations, and all access to records, minutes, documents, books, accounts and vouchers of the Board and its subsidiaries, that the auditor considers necessary to prepare any report required by this Act and that they are reasonably able to provide.

  • Marginal note:Directors’ duties

    (2) On the request of the Board’s auditor, the directors shall

    • (a) obtain from the present or former directors, officers, employees, agents or mandataries of any of its subsidiaries all information and explanations that

      • (i) the auditor considers necessary to enable the auditor to prepare any report required by this Act, and

      • (ii) the present or former directors, officers, employees, agents or mandataries are reasonably able to provide; and

    • (b) provide the auditor with the information and explanations so obtained.

  • Marginal note:Reliance on reports

    (3) The Board’s auditor may reasonably rely on any report of any other auditor of the Board.

  • Marginal note:No civil liability

    (4) A person who in good faith makes an oral or written communication under subsection (1) or (2) is not liable in any civil action arising from having made the communication.

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