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E-6.1 - Act respecting the regulation of the financial sector

Section 58.2
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58.2. The Council is composed of not fewer than five or more than nine members appointed by the board of directors, after consultation with the President and Chief Executive Officer. The board of directors shall designate the chair of the Council from among them.
Members of the Council are appointed for a term of up to three years and may only be reappointed twice for a consecutive term.
On the expiry of their term, the members of the Council remain in office until they are reappointed or replaced.
2018, c. 23, s. 619; 2021, c. 34, s. 103.
58.2. The Committee is composed of not fewer than five or more than nine members.
The President and Chief Executive Officer shall appoint the members of the Committee after consultation with the Council and designate the chair of the Committee from among them.
Sections 50 and 56 apply, with the necessary modifications, to the Committee members.
2018, c. 23, s. 619.
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