Acts and Regulations

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

Full text
Former supplementary members
Repealed: 2023, c.6, s.1
2023, c.6, s.1
79Repealed: 2023, c.6, s.1
2022, c.9, s.15; 2023, c.6, s.1
Former supplementary members
79(1)Subject to subsection (2), a person holding office as a supplementary member of the New Brunswick Securities Commission immediately before the commencement of this section shall be deemed to be appointed under section 31 as a member of the Tribunal for a term that is equal to the unexpired portion of their term as a supplementary member and, despite subsections 31(2) and 31(3) and subsection (3) and subject to section 35, shall remain in office until the person resigns or is reappointed or replaced in accordance with this Act.
79(2) On the commencement of this section, a person holding office as a supplementary member of the New Brunswick Securities Commission immediately before the commencement of this section may be appointed chair of the Tribunal under section 31.
79(3)For the purposes of subsections 31(2) and (3), time served as a supplementary member of the New Brunswick Securities Commission appointed under the Securities Act shall count as time served as a member of the Tribunal.
79(4)Sections 50 and 51 apply with the necessary modifications to a former supplementary member of the New Brunswick Securities Commission.
2022, c.9, s.15
Former supplementary members
79(1)Subject to subsection (2), a person holding office as a supplementary member of the New Brunswick Securities Commission immediately before the commencement of this section shall be deemed to be appointed under section 31 as a member of the Tribunal for a term that is equal to the unexpired portion of his or her term as a supplementary member and, despite subsections 31(2) and 31(3) and subsection (3) and subject to section 35, shall remain in office until he or she resigns or is reappointed or replaced in accordance with this Act.
79(2) On the commencement of this section, a person holding office as a supplementary member of the New Brunswick Securities Commission immediately before the commencement of this section may be appointed chair of the Tribunal under section 31.
79(3)For the purposes of subsections 31(2) and (3), time served as a supplementary member of the New Brunswick Securities Commission appointed under the Securities Act shall count as time served as a member of the Tribunal.
79(4)Sections 50 and 51 apply with the necessary modifications to a former supplementary member of the New Brunswick Securities Commission.
Former supplementary members
79(1)Subject to subsection (2), a person holding office as a supplementary member of the New Brunswick Securities Commission immediately before the commencement of this section shall be deemed to be appointed under section 31 as a member of the Tribunal for a term that is equal to the unexpired portion of his or her term as a supplementary member and, despite subsections 31(2) and 31(3) and subsection (3) and subject to section 35, shall remain in office until he or she resigns or is reappointed or replaced in accordance with this Act.
79(2) On the commencement of this section, a person holding office as a supplementary member of the New Brunswick Securities Commission immediately before the commencement of this section may be appointed chair of the Tribunal under section 31.
79(3)For the purposes of subsections 31(2) and (3), time served as a supplementary member of the New Brunswick Securities Commission appointed under the Securities Act shall count as time served as a member of the Tribunal.
79(4)Sections 50 and 51 apply with the necessary modifications to a former supplementary member of the New Brunswick Securities Commission.