Acts and Regulations

S-5.5 - Securities Act

Full text
Vacancy or temporary absence
Repealed: 2013, c.31, s.36
2013, c.31, s.36
12Repealed: 2013, c.31, s.36
2007, c.38, s.9; 2013, c.31, s.36
Vacancy or temporary absence
12(1)Where a vacancy occurs on the Commission, the Lieutenant-Governor in Council may appoint a person to fill the vacancy for the balance of the term of the Chair or other member of the Commission replaced.
12(2)The Lieutenant-Governor in Council may, in the case of the temporary absence, illness or incapacity to act of any member of the Commission, other than the Chair, appoint a substitute for the member of the Commission for the period of the temporary absence, illness or incapacity.
12(3)In the case of the temporary absence, illness or incapacity to act of the Chair, his or her powers and duties shall be exercised by such member of the Commission as may be designated by resolution of the Commission.
12(4)A vacancy on the Commission does not impair the capacity of the Commission to act so long as a quorum is maintained.
2007, c.38, s.9
Vacancy or temporary absence
12(1)Where a vacancy occurs on the Commission, the Lieutenant-Governor in Council may appoint a person to fill the vacancy for the balance of the term of the Chair or other member replaced.
12(2)The Lieutenant-Governor in Council may, in the case of the temporary absence, illness or incapacity to act of any member of the Commission, other than the Chair, appoint a substitute for the member for the period of the temporary absence, illness or incapacity.
12(3)In the case of the temporary absence, illness or incapacity to act of the Chair, his or her powers and duties shall be exercised by such member as may be designated by resolution of the Commission.
12(4)A vacancy on the Commission does not impair the capacity of the Commission to act so long as a quorum is maintained.