V-1 - Securities Act

Full text
7. The chairman and the vice-chairmen shall devote their full time to the work of the Commission and their duties of office.
Any commissioner may exercise the powers and shall perform the duties vested in or imposed upon the Commission by this act or the regulations and delegated to him by the Commission, except those referred to in sections 12, 13 and 53 to 63.
Every decision rendered pursuant to a delegation under the preceding paragraph is subject to review by the Commission under section 12 or 13, as the case may be, in the same manner as if it had been made by the Director, and the person who made the decision shall not sit in review.
R. S. 1964, c. 274, s. 7; 1973, c. 67, s. 4.