6. A member of the board of directors of a fund specially authorized for the purpose or the Minister, or another person designated by the board or the Minister, must deposit as soon as possible the sums collected for the fund or, as the case may be, the central fund, in a bank or a registered institution within the meaning of paragraph b or e of section 1 of the Deposit Insurance Act (chapter A-26).
Every payment from a fund must be made by cheque signed by 2 persons designated by the board of directors, one of whom must be a member of the board. For the central fund, cheques must be signed by 2 persons designated by the Minister.
Every investment of the sums referred to in the first paragraph belonging to a fund, except deposits in a bank or an institution referred to in that paragraph and the purchase of Québec or Canada savings bonds, requires the authorization of the Minister.