Acts and Regulations

2014, c.115 - Kings Landing Corporation Act

Section 5
Disposition versions

Full text
By-laws
5(1)Subject to subsection (2), the Board may make by-laws not inconsistent with this Act for one or more of the following purposes:
(a) the conduct and management of the affairs of the Corporation;
(b) the establishment of criteria for the selection of candidates for appointment as directors;
(c) the remuneration to be paid to each director who is not employed in the public service of the Province; and
(d) the reimbursement of travelling and living expenses incurred by a director in the performance of his or her duties.
5(2)No by-law made under paragraph (1)(c) or (d) is effective until it has been approved by the Lieutenant-Governor in Council.
2006, c.15, s.4