Acts and Regulations

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

Full text
By-laws
58(1)The Commission may make by-laws governing the administration, management and conduct of its affairs, including, but not limited to, the following:
(a) setting out additional powers and duties of the chair of the Commission or a person appointed under subsection 18(2); and
(b) governing the establishment, operation or dissolution of committees of the Commission and delegating the powers and duties of the Commission to the committees.
58(2)A by-law made by the Commission becomes effective on the date determined by resolution of the Commission.
58(3)Despite subsection (2), a by-law of the Commission with respect to the remuneration of the members of the Commission or the board of directors of the New Brunswick Credit Union Deposit Insurance Corporation is not effective until it is approved in writing by the Minister.
58(4)As soon as practicable after a by-law made by the Commission becomes effective, the Commission shall publish the by-law electronically and publish notice of the by-law in The Royal Gazette.
58(5)The Regulations Act does not apply to by-laws made by the Commission.
58(6)Repealed: 2023, c.6, s.1
58(7)Repealed: 2023, c.6, s.1
2019, c.25, s.313; 2023, c.6, s.1
By-laws
58(1)The Commission may make by-laws governing the administration, management and conduct of its affairs, including, but not limited to, the following:
(a) setting out additional powers and duties of the chair of the Commission, a person appointed under subsection 18(2) or the Registrar; and
(b) governing the establishment, operation or dissolution of committees of the Commission and delegating the powers and duties of the Commission to the committees.
58(2)A by-law made by the Commission becomes effective on the date determined by resolution of the Commission.
58(3)Despite subsection (2), a by-law of the Commission with respect to the remuneration of the members of the Commission, the Tribunal or the board of directors of the New Brunswick Credit Union Deposit Insurance Corporation is not effective until it is approved in writing by the Minister.
58(4)As soon as practicable after a by-law made by the Commission becomes effective, the Commission shall publish the by-law electronically and publish notice of the by-law in The Royal Gazette.
58(5)The Regulations Act does not apply to by-laws made by the Commission.
58(6)Despite section 46 and subject to subsection (3), the Commission may make a by-law with respect to the remuneration of and reimbursement of expenses incurred by members of the Tribunal, and the by-law
(a) may be made retroactive to a date no earlier than July 1, 2013, and
(b) shall be replaced as soon as practicable by a by-law made after the first budget of the Commission after the commencement of this section takes effect.
58(7)Subsection (6) expires on the date the Commission makes a by-law in accordance with paragraph (6)(b).
2019, c.25, s.313
By-laws
58(1)The Commission may make by-laws governing the administration, management and conduct of its affairs, including, but not limited to, the following:
(a) setting out additional powers and duties of the chair of the Commission, a person appointed under subsection 18(2) or the Registrar; and
(b) governing the establishment, operation or dissolution of committees of the Commission and delegating the powers and duties of the Commission to the committees.
58(2)A by-law made by the Commission becomes effective on the date determined by resolution of the Commission.
58(3)Despite subsection (2), a by-law of the Commission with respect to the remuneration of the members of the Commission or the Tribunal is not effective until it is approved in writing by the Minister.
58(4)As soon as practicable after a by-law made by the Commission becomes effective, the Commission shall publish the by-law electronically and publish notice of the by-law in The Royal Gazette.
58(5)The Regulations Act does not apply to by-laws made by the Commission.
58(6)Despite section 46 and subject to subsection (3), the Commission may make a by-law with respect to the remuneration of and reimbursement of expenses incurred by members of the Tribunal, and the by-law
(a) may be made retroactive to a date no earlier than July 1, 2013, and
(b) shall be replaced as soon as practicable by a by-law made after the first budget of the Commission after the commencement of this section takes effect.
58(7)Subsection (6) expires on the date the Commission makes a by-law in accordance with paragraph (6)(b).
By-laws
58(1)The Commission may make by-laws governing the administration, management and conduct of its affairs, including, but not limited to, the following:
(a) setting out additional powers and duties of the chair of the Commission, a person appointed under subsection 18(2) or the Registrar; and
(b) governing the establishment, operation or dissolution of committees of the Commission and delegating the powers and duties of the Commission to the committees.
58(2)A by-law made by the Commission becomes effective on the date determined by resolution of the Commission.
58(3)Despite subsection (2), a by-law of the Commission with respect to the remuneration of the members of the Commission or the Tribunal is not effective until it is approved in writing by the Minister.
58(4)As soon as practicable after a by-law made by the Commission becomes effective, the Commission shall publish the by-law electronically and publish notice of the by-law in The Royal Gazette.
58(5)The Regulations Act does not apply to by-laws made by the Commission.
58(6)Despite section 46 and subject to subsection (3), the Commission may make a by-law with respect to the remuneration of and reimbursement of expenses incurred by members of the Tribunal, and the by-law
(a) may be made retroactive to a date no earlier than July 1, 2013, and
(b) shall be replaced as soon as practicable by a by-law made after the first budget of the Commission after the commencement of this section takes effect.
58(7)Subsection (6) expires on the date the Commission makes a by-law in accordance with paragraph (6)(b).