R-26.3 - Act respecting Retraite Québec

Full text
16. (Repealed).
2006, c. 49, s. 16; 2015, c. 20, s. 12.
16. A member of the board of directors who exercises functions on a full-time basis within the Commission may not have a direct or indirect interest in a body, enterprise or association that places the member’s personal interests in conflict with the Commission’s interests. If such an interest devolves to the board member, including by succession or gift, it must be renounced or disposed of with dispatch.
Any other member of the board who has a direct or indirect interest in a body, enterprise or association that places the member’s personal interests in conflict with the Commission’s interests must disclose it in writing to the chair of the board and abstain from participating in any discussion or decision involving the body, enterprise or association. The member must also withdraw from a meeting for the duration of a discussion or vote on such a matter.
2006, c. 49, s. 16.