Canadian Payments Association By-law No. 1 — General

Marginal note:Evaluation of nominees

• 12 (1) In consultation with the Minister of Finance, the Board must evaluate the nomination of every person who is eligible to be appointed to the Council and, in doing so, must

  • (a) take into consideration whether the stakeholder whose interests would be represented by the nominee has other established consultative processes for directly articulating that stakeholder’s perspectives to the Association or to any of its working groups or committees;

  • (b) give preference to nominees who represent stakeholders whose interests are national in scope;

  • (c) with respect to nominees who are representative of users, give preference to those nominees who represent associations, groups, organizations or other entities that represent the interests of a broad constituency or, in the absence of such nominees, to nominees who represent the interests of a prominent corporation within their industry; and

  • (d) with respect to nominees who are representative of payment service providers, give preference to nominees who represent associations, groups, organizations or other entities that represent the common interests of the majority of participants in a particular industry or, in the absence of such nominees, to nominees who represent the interests of a prominent corporation within their industry.

• Marginal note:Other criteria

  (2) If, after each nominee is evaluated in accordance with the requirements of sections 10 and 11 and subsection (1), the number of nominees who are qualified exceeds the number of vacancies on the Council, the Board may consider

  • (a) whether the stakeholder whose interests would be represented by the nominee is already adequately represented on the Council;

  • (b) the business of the stakeholder whose interests would be represented by the nominee and its degree of reliance on the payment system;

  • (c) the level of research and development with regard to payment systems that has been undertaken by the stakeholder whose interests would be represented by the nominee;

  • (d) the nominee’s affiliations or experience with international organizations that have an interest relating to payment systems and the extent of those affiliations and that experience; and

  • (e) the skills, expertise and experience that the Board considers necessary to permit the Council to carry out its responsibilities effectively.