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The Manitoba Development Corporation Act

C.C.S.M. c. D60

The Manitoba Development Corporation Act

1 Definitions
CORPORATE FORMATION, OBJECTS, STATUS AND POWERS
2 (1) Amalgamation and continuance
(2) Effect of amalgamation
(3) Legal proceeding or action by or against amalgamating entity
3 Corporation's objects
4 (1) Corporate capacity and powers
(2) Specific powers requiring LG in C approval
(3) Compliance with Treasury Board directives
5 (1) Agent of the Crown
(2) Property in its own name
BOARD AND STAFF
6 (1) Board
(2) Term
(3) After term expires
(4) MLA not eligible
(5) Remuneration
7 (1) Chair and vice-chair or interim chair
(2) Vice-chair's or interim chair's responsibility
8 Quorum
9 Chair to report to minister
10 By-laws
11 (1) Staff
(2) Use of civil servants
(3) Advisors and experts
12 Protection from liability
FINANCIAL MATTERS AND ANNUAL REPORT
13 Grants from Consolidated Fund
14 (1) Borrowing authority
(2) Advance out of Consolidated Fund
15 (1) Investment of surplus money
(2) Investment and interest to be paid to corporation
16 Fiscal year
17 Auditor
18 (1) Annual report
(2) Audited financial statements
(3) Report tabled in Assembly
19 Production of information
MISCELLANEOUS
20 No loan or financial assistance to or for benefit of MLA
21 (1) Corporations Act and Securities Act not to apply
(2) Conflict with Corporations Act
REPEALS AND CONSEQUENTIAL AMENDMENT
22 Repeals
23 Consequential amendment
C.C.S.M. REFERENCE AND COMING INTO FORCE
24 C.C.S.M. reference
25 Coming into force