First Nations Fiscal Management Act

Marginal note:Annual meeting

• 131 (1) The board of directors of an institution shall call an annual meeting not later than 18 months after the institution is established and subsequently not later than 15 months after the preceding annual meeting.

• Marginal note:Manner in which meeting held

  (1.1) The board of directors shall determine the manner in which the annual meeting shall be held, which may be entirely by means of electronic communication or in a way that allows participation by such means.

• Marginal note:Notice of meeting

  (2) An institution shall, at least 30 days before the annual meeting, publish a notice on an Internet website to be maintained by the institution

  • (a) setting out the time and location, if any, of the meeting;

  • (b) indicating the means of participating in the meeting, such as by providing instructions on how to participate electronically; and

  • (c) specifying that the institution’s annual report may be accessed on that website.

• Marginal note:Availability to public

  (3) At the annual meeting, the board of directors shall ensure that

  • (a) the institution’s most recent annual report is made available to those participating in the meeting; and

  • (b) the chief executive officer and the commissioners or directors of the institution who are attending the meeting are available to those participating in the meeting to answer any questions about the institution’s operations.