Social Sciences and Humanities Research Council Act

Version of section 12 from 2002-12-31 to 2004-12-14:


Marginal note:Investment Committee

  •  (1) Where the Council acquires, by gift, bequest or otherwise, money, securities or other property that it is required to administer subject to the terms on which the money, securities or other property was given, bequeathed or otherwise made available, there shall be established an Investment Committee consisting of the President, a member of the Council designated by the Council and three other persons appointed by the Governor in Council.

  • Marginal note:Duties

    (2) The Investment Committee shall aid and advise the Council in making, managing and disposing of investments under this Act.

  • Marginal note:Remuneration and expenses

    (3) The members of the Investment Committee appointed by the Governor in Council may be paid for their services such remuneration and expenses as are fixed by the Governor in Council.

  • 1976-77, c. 24, s. 13
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