Export Development Act
Marginal note:Appointment of directors
4 (1) Each director, other than the Chairperson and the President, shall be appointed by the Minister, with the approval of the Governor in Council, to hold office during pleasure for a term not exceeding four years that will ensure, as far as possible, the expiration in any one year of the terms of office of not more than one half of the directors.
Marginal note:Appointment of Chairperson
(2) The Chairperson shall be appointed by the Governor in Council to hold office during pleasure for such term as the Governor in Council considers appropriate.
(3) The Board shall elect a Vice-chairperson of the Board from among the directors.
- R.S., 1985, c. E-20, s. 4
- R.S., 1985, c. 1 (4th Supp.), s. 44(E)
- 2001, c. 33, s. 13(E)
- 2006, c. 9, s. 254
- Date modified: