F-3.2.1 - Act to establish the Fonds de solidarité des travailleurs du Québec (F.T.Q.)

Section 6.2 Disposition versions

2015-04-21

6.2. The functions of the governance and ethics committee include

(1)  for the election of board members by the general meeting of holders of class “A” shares:

(a)  ensuring that the board represents a diversity of expertise and experience;

(b)  examining candidates’ past experience;

(c)  recommending to the board, for the purposes of subparagraph a of subparagraph 2 of the first paragraph of section 4, the candidacy of persons who, in light of the committee’s examination, qualify as independent persons; and

(d)  determining the conditions governing the invitation for applications under subparagraph b of subparagraph 2 of the first paragraph of section 4, as well as the applicant eligibility criteria;

(2)  developing a policy to determine whether a person in a situation submitted to the board qualifies as an independent person; and

(3)  giving the board its assessment as to whether a person, in light of the committee’s examination, qualifies as an independent person, except in the case of board members whose candidacy the committee has recommended.

2015, c. 8, s. 325.