89.1 (1) The directors of a parent Crown corporation to which a directive is given shall ensure that the directive is implemented in a prompt and efficient manner and, if in so doing they act in accordance with section 115, they are not accountable for any consequences arising from the implementation of the directive.
Marginal note:Best interests
(2) Compliance by a parent Crown corporation with a directive is deemed to be in the best interests of the corporation.
Definition of “directive”
(3) In this section, “directive” means
(a) a directive given pursuant to subsection 89(1), 94(2) or 114(3);
(b) a direction given under subsection 5(2) of the Canada Mortgage and Housing Corporation Act, subsection 9(2) of the Canadian Commercial Corporation Act, subsection 11(1) of the Canadian Dairy Commission Act or subsection 34(3) of the Enterprise Cape Breton Corporation Act; or
(c) a directive given under subsection 22(1) of the Canada Post Corporation Act.
- 1991, c. 24, s. 24;
- 1998, c. 10, s. 173.
Implementation of World Trade Organization Agreement
89.2 (1) Notwithstanding subsections 85(1) to (1.2), the Governor in Council may give a directive pursuant to subsection 89(1) to any parent Crown corporation for the purpose of implementing any provision of the WTO Agreement that pertains to that Crown corporation.
(2) The Governor in Council may, on the recommendation of the Treasury Board and the appropriate Minister made at the request of a Crown corporation, make such regulations in relation to that corporation as the Governor in Council considers necessary for the purpose of implementing any provision of the WTO Agreement that pertains to that corporation.
(3) In subsections (1) and (2), “WTO Agreement” has the meaning given to the word “Agreement” by subsection 2(1) of the World Trade Organization Agreement Implementation Act.
- 1994, c. 47, s. 116;
- 2006, c. 9, s. 263.
Implementation of Agreement on Internal Trade
89.3 Notwithstanding subsections 85(1) to (1.2), the Governor in Council may give a directive pursuant to subsection 89(1) to any parent Crown corporation for the purpose of implementing any provision of the Agreement as that term is defined in section 2 of the Agreement on Internal Trade Implementation Act that pertains to that Crown corporation.
- 1996, c. 17, s. 16;
- 2006, c. 9, s. 264.
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