S-29.02 - Trust Companies and Savings Companies Act

Full text
83. The Authority may, if an authorized Québec trust company shows that the exercise of the committee’s functions will not be adversely affected, authorize
(1)  the establishment of a committee whose composition does not comply with section 82; or
(2)  the exercise by one of the committees mentioned in that section of the functions usually assigned to the other committee, in addition to its own functions.
The Authority may, in granting such an authorization, require any undertaking it considers necessary to ensure compliance with this Act.
2018, c. 232018, c. 23, s. 395.
In force: 2019-06-13
83. The Authority may, if an authorized Québec trust company shows that the exercise of the committee’s functions will not be adversely affected, authorize
(1)  the establishment of a committee whose composition does not comply with section 82; or
(2)  the exercise by one of the committees mentioned in that section of the functions usually assigned to the other committee, in addition to its own functions.
The Authority may, in granting such an authorization, require any undertaking it considers necessary to ensure compliance with this Act.
2018, c. 232018, c. 23, s. 395.