.png){kind=small}
C.C.S.M. c. C155
The Communities Economic Development Fund Act
| 1 | (1) | Definitions |
| (2) | Registered common-law relationship | |
| 2 | Continuation of fund | |
| 3 | (1) | Objects |
| (2) | Focus of the fund | |
| 4 | Repealed | |
| 5 | Board | |
| 6 | (1) | Chairperson |
| (1.1) | Board may designate acting chairperson | |
| (2) | Remuneration to directors | |
| 6.1 | (1) | Activities of the fund |
| (2) | General powers of fund | |
| 7 | (1) | Power to provide financial assistance |
| (2) | Power respecting corporation | |
| (3) | Fund may acquire personal property | |
| (4) | Acquisition and lease of property | |
| (5) | Fund may establish corporations | |
| 8 | (1) | Forms of financial assistance |
| (2) | Reports and information etc. | |
| (3) | Terms and conditions must be considered | |
| 9 | (1) | Interest rates |
| (2) | Professional and expert assistance | |
| 10 | (1) | Supervision of financial assistance |
| (2) | Record of supervision of financial assistance | |
| (3) | Powers of board where money misapplied | |
| (4) | Audit of affairs of borrower | |
| 11 | Sale of mortgaged security | |
| 12 | Fund to obtain progress reports | |
| 13 | Advances to protect security | |
| 14 | Repealed | |
| 15 | (1) | Board to supervise fund |
| (1.1) | Disallowance of by-law by minister | |
| (2) | Limit respecting financial assistance | |
| (3) | Appointment of directors of corporate borrowers | |
| (4) | Appointment under subsection (3) does not create significant interest | |
| (5) | Limitation on actions of directors where financial interest involved | |
| (6) | Decision as to interest | |
| (7) | Disclosure of facts by directors | |
| (8) | Offence and penalty | |
| 16 | (1) | Appointment of chief executive officer |
| (2) | Duties of chief executive officer | |
| 17 | (1) | Shares in companies |
| (2) | Qualifying shares in companies | |
| (3) | Transfer of qualifying shares in companies | |
| (4) | Transfer of shares in subsidiary company | |
| 18 | Fiscal year | |
| 19 | Audit | |
| 20 | Fund an agency of Crown | |
| 21 | (1) | Acquisition of property |
| (2) | Disposal of property | |
| (3) | Where approval of Lieutenant Governor in Council not required | |
| (4) | Acceptance of certificate by district registrar | |
| 22 | (1) | Annual reports |
| (2) | Further reports | |
| (3) | Quarterly financial statements | |
| (3.1) | Tabling of statements in the Assembly | |
| (3.2) | Available to public | |
| (4) | Special reports respecting loan | |
| 23 | (1) | Production of information for assembly |
| (2) | Production on most recent audited statement | |
| 24 | (1) | Regulations |
| (2) | Repealed | |
| 25 | Application of Securities Act | |
| 26 | (1) | Application of other Acts |
| (2) | General capacity | |
| (3) | Taking security | |
| (4) | Exercise of rights, etc. | |
| (5) | Acts to prevail | |
| (6) | Repealed | |
| 27 | Penalty | |
| 28 | (1) | Protection from liability |
| (2) | Fund's director of corporate borrower | |
| 29 | Moneys required by fund |