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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| 4 | Repealed |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| 14 | Repealed |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 |