Government of Canada / Gouvernement du Canada
Symbol of the Government of Canada

Search

Financial Administration Act

Version of section 89.1 from 2015-02-26 to 2024-08-18:


Marginal note:Implementation

  •  (1) The directors of a parent Crown corporation to which a directive is given shall ensure that the directive is implemented in a prompt and efficient manner and, if in so doing they act in accordance with section 115, they are not accountable for any consequences arising from the implementation of the directive.

  • Marginal note:Best interests

    (2) Compliance by a parent Crown corporation with a directive is deemed to be in the best interests of the corporation.

  • Marginal note:Definition of directive

    (3) In this section, directive means

  • 1991, c. 24, s. 24
  • 1998, c. 10, s. 173
  • 2014, c. 20, s. 188
  • 2015, c. 3, ss. 94(F), 175(F)

Date modified: