Acts and Regulations

S-5.5 - Securities Act

Section 22
Disposition versions

Full text
By-laws
Repealed: 2013, c.31, s.36
2013, c.31, s.36
22Repealed: 2013, c.31, s.36
2007, c.38, s.14; 2013, c.31, s.36
By-laws
22(1)The Commission may make by-laws governing the administration, management and conduct of its affairs, including without limiting the generality of the foregoing,
(a) setting out additional powers and duties of the Chair, the Executive Director and the Secretary, and
(b) Repealed: 2007, c.38, s.14
(c) governing the establishment, operation or dissolution of committees of the Commission and delegating the powers and duties of the Commission to the committees.
22(2)Repealed: 2007, c.38, s.14
22(3)A by-law made by the Commission becomes effective on the date determined by resolution of the Commission.
22(4)The Commission shall, as soon as practicable after a by-law made by it becomes effective, publish the by-law electronically and publish notice of the by-law in The Royal Gazette.
22(5)The Regulations Act does not apply to by-laws made by the Commission.
2007, c.38, s.14
By-laws
22(1)The Commission may make by-laws governing the administration, management and conduct of its affairs, including without limiting the generality of the foregoing,
(a) setting out additional powers and duties of the Chair, the Executive Director and the Secretary,
(b) delegating to an employee of the Commission the exercise or performance of any power or duty conferred on or imposed on the Executive Director or the Secretary under this Act or the regulations and fixing the terms or conditions of the delegation, and
(c) governing the establishment, operation or dissolution of committees of the Commission and delegating the powers and duties of the Commission to the committees.
22(2)A decision, ruling, order, temporary order or direction made by a person under a delegation made under paragraph (1)(b) of a power or duty conferred or imposed on the Executive Director under this Act or the regulations shall be deemed to be a decision, ruling, order, temporary order or direction of the Executive Director.
22(3)A by-law made by the Commission becomes effective on the date determined by resolution of the Commission.
22(4)The Commission shall, as soon as practicable after a by-law made by it becomes effective, publish the by-law electronically and publish notice of the by-law in The Royal Gazette.
22(5)The Regulations Act does not apply to by-laws made by the Commission.