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) |