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The Crown Corporations Governance and Accountability Act

S.M. 2017, c. 19

Bill 20, 2 nd Session, 41st Legislature

The Crown Corporations Governance and Accountability Act

PART 1
DEFINITIONS AND APPLICATION
1 Definitions
2 Application of Act
3 (1) Conflict with other Acts
(2) Acts to be read consistently
ROLES, MANDATES AND DIRECTIVES
4 (1) Roles and responsibilities record
(2) Content
(3) Amendment
(4) Corporation and responsible minister must sign record
5 Review
6 (1) Mandate letter
(2) Term
(3) Preparation and consistency of letters
(4) When mandate letter becomes effective
7 (1) Annual business plan
(2) Content
(3) Consistency
(4) Timing
8 Guidelines for annual business plans
9 (1) Records, plans and directives to be public
(2) Manner of making public
10 (1) Annual reporting on outcomes
(2) Tabling reports in Assembly
(3) Annual reports referred
11 Quarterly financial statements for first three quarters
12 Non-compliance statements
13 (1) Directives
(2) Accounting standards apply
(3) Compliance
(4) Directives to be made public
14 (1) Disclosure of information
(2) Limits on personal information
(3) Duty to adopt security safeguards
(4) Safeguards for sensitive information
15 (1) Powers of minister
(2) Responsibility for audit expenses
(3) Other expenses
PART 3
CROWN BOARDS
16 (1) Duties of boards
(2) Conflict of interest guidelines
17 (1) Board responsible to minister
(2) Chair's report
(3) No ministers on boards
18 (1) Power of board
(2) Committees of boards
19 (1) Duty of directors and officers
(2) Reliance on statements
20 (1) Disclosure of interest in contract
(2) Time for disclosure by director
(3) Time for disclosure by officer
(4) Time for disclosure by officer or director
(5) Voting
(6) Participation at meetings
(7) Continuing disclosure
(8) Avoidance standards
(9) Application to Court of Queen's Bench
21 (1) Audit committee
(2) Duties of audit committee
(3) Notice of meeting of audit committee
(4) Who may call meeting of audit committee
22 (1) Liability of directors
(2) Liability of directors and officers
(3) Other statutory obligations, etc.
23 Appointment of directors
24 (1) Labour management committee
(2) Not collective bargaining
PART 4
PUBLIC UTILITIES BOARD REVIEW OF RATES
25 (1) Hydro and MPIC rates review
(2) Definition: "rates for services"
(3) Application of Public Utilities Board Act
(4) Factors to be considered, hearings
(5) MPIC
(6) Manitoba Hydro
26 (1) Multi-year approvals
(2) Increases not cumulative
(3) Changed circumstances
27 Compensation or refunds
PART 5
GENERAL
28 Fiscal year of corporations
29 Regulations
PART 6
TRANSITIONAL AND CONSEQUENTIAL AMENDMENTS
30 (1) Transition — council dissolved
(2) Continuation of proceedings
31 Consequential amendment, C.C.S.M. c. C150.1
32 Consequential amendment, C.C.S.M. c. H190
33 Consequential amendments, C.C.S.M. c. L155
34 Consequential amendment, C.C.S.M. c. P215
35 Consequential amendments, C.C.S.M. c. P265
36 Consequential amendment, C.C.S.M. c. P280
37 Consequential amendment, C.C.S.M. c. R31
38 (1) Consequential amendments, C.C.S.M. c. S270
(2)
(3)
PART 7
REPEAL, C.C.S.M. REFERENCE AND COMING INTO FORCE
39 Repeal
40 C.C.S.M. reference
41 (1) Coming into force
(2) Coming into force: subsection 25(6)