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C-67.3 - Act respecting financial services cooperatives

Section 387
Disposition versions

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387. The board of directors of the federation shall appoint, for a term of five years, on the recommendation of the board of ethics and professional conduct, a person to be in charge of inspections. The person appointed shall manage the inspection service, his or her term of office may be renewed, and he or she may not be dismissed without the Authority’s prior approval.
The board shall appoint a substitute in case the person in charge of inspections is absent or unable to act.
2000, c. 29, s. 387; 2002, c. 45, s. 338; 2004, c. 37, s. 90; 2005, c. 35, s. 36; 2016, c. 7, s. 212; 2018, c. 23, s. 233.
387. The president of the federation shall appoint, for a term of five years, on the recommendation of the board of ethics and professional conduct, a person to be in charge of inspections. The person appointed shall manage the inspection service, his or her term of office may be renewed, and he or she may only be removed from office by the president of the federation with the Authority’s approval.
The president shall appoint a substitute in case the person in charge of inspections is absent or unable to act.
2000, c. 29, s. 387; 2002, c. 45, s. 338; 2004, c. 37, s. 90; 2005, c. 35, s. 36; 2016, c. 7, s. 212.
387. The president of the federation shall appoint, for a term of five years, on the recommendation of the board of ethics and professional conduct, a person to be in charge of audits and a person to be in charge of inspections, or appoint one person to be in charge of both. The person in charge of audits shall manage the audit service and the person in charge of inspections shall manage the inspection service. Their term of office may be renewed. They may only be removed from office by the president of the federation, with the approval of the Authority.
The president shall appoint a substitute in case a person in charge is absent or unable to act.
2000, c. 29, s. 387; 2002, c. 45, s. 338; 2004, c. 37, s. 90; 2005, c. 35, s. 36.
387. The president of the federation shall appoint, for a term of five years, on the recommendation of the board of ethics, a person to be in charge of audits and a person to be in charge of inspections, or appoint one person to be in charge of both. The person in charge of audits shall manage the audit service and the person in charge of inspections shall manage the inspection service. Their term of office may be renewed. They may only be removed from office by the president of the federation, with the approval of the Authority.
The president shall appoint a substitute in case a person in charge is absent or unable to act.
2000, c. 29, s. 387; 2002, c. 45, s. 338; 2004, c. 37, s. 90.
387. The president of the federation shall appoint, for a term of five years, on the recommendation of the board of ethics, a person to be in charge of audits and a person to be in charge of inspections, or appoint one person to be in charge of both. The person in charge of audits shall manage the audit service and the person in charge of inspections shall manage the inspection service. Their term of office may be renewed. They may only be removed from office by the president of the federation, with the approval of the Agency.
The president shall appoint a substitute in case a person in charge is absent or unable to act.
2000, c. 29, s. 387; 2002, c. 45, s. 338.
387. The president of the federation shall appoint, for a term of five years, on the recommendation of the board of ethics, a person to be in charge of audits and a person to be in charge of inspections, or appoint one person to be in charge of both. The person in charge of audits shall manage the audit service and the person in charge of inspections shall manage the inspection service. Their term of office may be renewed. They may only be removed from office by the president of the federation, with the approval of the Inspector General.
The president shall appoint a substitute in case a person in charge is absent or unable to act.
2000, c. 29, s. 387.
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