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C-26, r. 6.1 - Regulation respecting the standards of ethics and professional conduct of directors on the board of directors of a professional order
Section 15
Disposition versions
15. A director who has a direct or indirect interest in property, a body, an enterprise, association or a legal entity likely to place the director in a situation of conflict of interest must declare, without delay and in writing, that interest to the president of the order or, where the president is concerned, to the director designated to perform the duties of the president in the case of an impediment or absence of the latter. Such a declaration may be made at the sitting and is then recorded in the minutes of the sitting of the board of directors.
The director must refrain from taking part in any deliberation or any decision that comes into conflict with his or her personal interest.
A director must file a declaration of interest at the beginning of his or her term of office and on an annual basis thereafter, and when a change in his or her situation requires it.
The president of the order ensures that the secretary of the order collects and records the declaration of the director.
In force: 2018-09-13
15. A director who has a direct or indirect interest in property, a body, an enterprise, association or a legal entity likely to place the director in a situation of conflict of interest must declare, without delay and in writing, that interest to the president of the order or, where the president is concerned, to the director designated to perform the duties of the president in the case of an impediment or absence of the latter. Such a declaration may be made at the sitting and is then recorded in the minutes of the sitting of the board of directors.
The director must refrain from taking part in any deliberation or any decision that comes into conflict with his or her personal interest.
A director must file a declaration of interest at the beginning of his or her term of office and on an annual basis thereafter, and when a change in his or her situation requires it.
The president of the order ensures that the secretary of the order collects and records the declaration of the director.
