Acts and Regulations

2013, c.30 - Financial and Consumer Services Commission Act

Full text
Financial and Consumer Services Tribunal abolished and appointments revoked
2023, c.6, s.1
84.1(1) The Financial and Consumer Services Tribunal established under section 29 as it existed immediately before the commencement of this section, as well as any hearing panel constituted under section 39 as it existed immediately before the commencement of this section, is abolished.
84.1(2)The appointments of the chair and vice-chair of the Financial and Consumer Services Tribunal abolished under subsection (1) are revoked.
84.1(3)All appointments of other members of the Financial and Consumer Services Tribunal abolished under subsection (1) are revoked.
84.1(4)All contracts, agreements or orders relating to the allowance and expenses to be paid to the members of the Financial and Consumer Services Tribunal abolished under subsection (1) are null and void.
84.1(5)Despite the provisions of any contract, agreement or order, no remuneration or expenses shall be paid to a member of the Financial and Consumer Services Tribunal abolished under subsection (1).
84.1(6)No action, application or other proceeding lies or shall be instituted against the Minister of Finance and Treasury Board or the Crown in right of the Province as a result of the abolition of the Financial and Consumer Services Tribunal or any hearing panel or the revocation of the appointments of its members under this section.
2023, c.6, s.1