C.C.S.M. c. D60

The Manitoba Development Corporation Act

Back to the Act

1		Definitions
CORPORATE FORMATION, OBJECTS, STATUS AND POWERS
2	(1)	Amalgamation and continuance
	(2)	Effect of amalgamation
	(3)	Legal proceeding or action by or against amalgamating entity
3		Corporation's objects
4	(1)	Corporate capacity and powers
	(2)	Specific powers requiring LG in C approval
	(3)	Compliance with Treasury Board directives
5	(1)	Agent of the Crown
	(2)	Property in its own name
BOARD AND STAFF
6	(1)	Board
	(2)	Term
	(3)	After term expires
	(4)	MLA not eligible
	(5)	Remuneration
7	(1)	Chair and vice-chair or interim chair
	(2)	Vice-chair's or interim chair's responsibility
8		Quorum
9		Chair to report to minister
10		By-laws
11	(1)	Staff
	(2)	Use of civil servants
	(3)	Advisors and experts
12		Protection from liability
FINANCIAL MATTERS AND ANNUAL REPORT
13		Grants from Consolidated Fund
14	(1)	Borrowing authority
	(2)	Advance out of Consolidated Fund
15	(1)	Investment of surplus money
	(2)	Investment and interest to be paid to corporation
16		Fiscal year
17		Auditor
18	(1)	Annual report
	(2)	Audited financial statements
	(3)	Report tabled in Assembly
19		Production of information
MISCELLANEOUS
20		No loan or financial assistance to or for benefit of MLA
21	(1)	Corporations Act and Securities Act not to apply
	(2)	Conflict with Corporations Act
REPEALS AND CONSEQUENTIAL AMENDMENT
22		Repeals
23		Consequential amendment
C.C.S.M. REFERENCE AND COMING INTO FORCE
24		C.C.S.M. reference
25		Coming into force