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S.M. 2004, c. 45
Bill 300, 2nd Session, 38th Legislature
The Winnipeg Foundation Act
Table of Contents
| 1 | Definitions |
| 2 | Foundation continued |
| 3 | Head office |
| OBJECTS | |
| 4(1) | Objects |
| (2) | Focus of the Foundation |
| BOARD OF DIRECTORS | |
| 5(1) | Board to manage and administer the Foundation |
| (2) | Composition |
| 6(1) | Appointment of directors |
| (2) | Term of office |
| (3) | When person ceases to be director |
| (4) | Re-appointment |
| (5) | Office holders eligible for appointment |
| 7 | No remuneration |
| 8 | Appointment of officers and employees |
| 9(1) | Investment policy |
| (2) | Distribution policy |
| 10 | By-laws |
| CAPACITY AND POWERS OF THE FOUNDATION | |
| 11(1) | Capacity and powers |
| (2) | Specific powers in relation to property |
| (3) | Power to administer funds of organizations |
| 12 | Application of powers |
| DONATIONS AND DISTRIBUTION | |
| 13 | Liberal construction |
| 14 | Words sufficient to constitute donation |
| 15 | Donations to take effect in future |
| 16(1) | Compliance with donor's conditions |
| (2) | When donor's wishes may be departed from |
| (3) | Distribution outside Manitoba |
| 17 | Donations held in perpetuity |
| 18 | Assistance to charitable organizations |
| CUSTODY OF FUNDS | |
| 19(1) | Appointment of custodian |
| (2) | Obligations of trust company |
| (3) | Revoking appointment |
| OTHER PROVISIONS | |
| 20(1) | Application to transfer property to Foundation |
| (2) | Power to make an order and its effect |
| 21 | Obligations not to be relieved |
| 22 | Annual audit |
| 23 | Dissolution |
| 24 | Corporations Act does not apply |
| REPEAL AND COMING INTO FORCE | |
| 25 | Repeal |
| 26 | Coming into force |