R.R.O. 1990, Reg. 1024: MANAGEMENT"

R.R.O. 1990, Reg. 1024: MANAGEMENT, Stock Yards Act, R.S.O. 1990, c. S.25

Stock Yards Act
Loi sur les parcs à bestiaux

REGULATION 1024

Amended to S.O., 2006, c. 19, Sched. A, s. 52

MANAGEMENT

Note: This Regulation became spent some time before January 1, 2004.

Note: This Regulation was revoked on June 22, 2006. See: S.O., 2006, c. 19, Sched. A, s. 52.

This Regulation is made in English only.

1. (1) The officers of the Board shall include a secretary and a treasurer.

(2) The same person may be appointed secretary and treasurer. R.R.O. 1990, Reg. 1024, s. 1.

2. The manager shall perform the duties and exercise the powers that, from time to time, are assigned to him or her by the Board. R.R.O. 1990, Reg. 1024, s. 2.

3. The secretary shall keep a record of all meetings of the Board and shall give notice of all meetings of the Board and shall perform such other duties as are, from time to time, assigned to him or her by the Board. R.R.O. 1990, Reg. 1024, s. 3.

4. The treasurer shall have the custody of the cash, securities, books and accounts of the Board and shall perform such other duties as are, from time to time, assigned to him or her by the Board. R.R.O. 1990, Reg. 1024, s. 4.

5. Cheques, drafts, bills of exchange and orders for the payment of money shall be signed by such officer or officers or person or persons and in such manner as the Board from time to time determines. R.R.O. 1990, Reg. 1024, s. 5.

6. The corporate seal of the Board shall consist of a quinquefoliate symbol within two concentric circles, the inner circle composed of period marks and the outer of gross hachure lines, and between the circles shall appear the words and symbol “ONTARIO STOCK YARDS BOARD+” and whenever used the seal shall be authenticated by the signatures of the chair and the secretary of the Board. R.R.O. 1990, Reg. 1024, s. 6.

7. (1) The objects of the Board under subsection 4 (1) of the Act are limited to winding down and closing its livestock markets.

(2) The powers of the Board under subsection 4 (3) of the Act, in so far as they relate to its property, are limited to disposing of its property by lease, sale or otherwise and to such matters as are incidental to that disposition.

(3) An exercise of a power referred to in subsection 4 (3) of the Act, after the application of subsection 7 (2) of this Regulation, is subject to the prior approval of the Minister. O.Reg. 42/94, s. 1.