First Nations Fiscal Management Act

Marginal note:Annual meeting

• 131 (1) The board of directors of an institution shall call an annual meeting not later than 18 months after the institution is established and subsequently not later than 15 months after the preceding annual meeting.

• Marginal note:Notice of meeting

  (2) An institution shall, at least 30 days before the annual meeting, publish a notice in a major newspaper setting out the time and location of the meeting and specifying that the institution’s annual report may be accessed on an Internet website to be maintained by the institution.

• Marginal note:Availability to public

  (3) At the annual meeting, the board of directors shall ensure that

  • (a) there are available a sufficient number of copies of the institution’s most recent annual report for those present at the meeting; and

  • (b) the chief executive officer and the commissioners or directors of the institution are available to those present at the meeting to answer any questions about the institution’s operations.