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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) | |