Financial Administration Act
107. (1) A resignation of a director, chairman or chief executive officer of a parent Crown corporation becomes effective at the time the corporation receives a written resignation from him or at the time specified in the resignation, whichever is later.
Marginal note:Copy of resignation
(2) A parent Crown corporation shall send a copy of the resignation to the Clerk of the Privy Council within fifteen days after the parent Crown corporation receives it.
- R.S., 1985, c. F-11, s. 107;
- 1991, c. 24, s. 31.
- Date modified: