Acts and Regulations

S-5.5 - Securities Act

Full text
Supplementary members of the Commission
Repealed: 2013, c.31, s.36
2007, c.38, s.6; 2013, c.31, s.36
7.1Repealed: 2013, c.31, s.36
2007, c.38, s.6; 2013, c.31, s.36
Supplementary members of the Commission
2007, c.38, s.6
7.1(1)Notwithstanding subsection 3(2), the Lieutenant-Governor in Council may appoint persons as supplementary members of the Commission for the purposes of section 23.1.
7.1(2)Except as otherwise provided in this Act or the regulations, a supplementary member of the Commission shall not exercise or perform any power or duty under this Act or the regulations except as a member of a hearing panel to which he or she has been assigned under section 23.1 by the Chair.
7.1(3)Supplementary members of the Commission shall be appointed for a term not exceeding 3 years and may be reappointed.
7.1(4)Supplementary members of the Commission are entitled to be paid such remuneration as is fixed by the by-laws of the Commission.
7.1(5)Each supplementary member of the Commission is entitled to be paid such travelling and living expenses incurred by him or her in the performance of his or her duties as are fixed by the by-laws of the Commission.
2007, c.38, s.6