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ontario regulation 199/01

made under the

electricity act, 1998

Made:  June 13, 2001
Filed:  June 15, 2001
Printed in The Ontario Gazette: June 30, 2001

Amending O. Reg. 610/98

(The IMO)

1. (1) Subsection 1 (1) of Ontario Regulation 610/98 is revoked and the following substituted:

(1) Sixteen directors shall be appointed by the Minister to the IMO’s board of directors under clause 7 (2) (b) of the Act.

(2) Subsection 1 (2) of the Regulation is amended by striking out the portion before clause (a) and substituting the following:

(2) Of the 16 directors referred to in subsection (1),

. . . . .

(3) Clause 1 (2) (h) of the Regulation is revoked and the following substituted:

(h) seven must be persons who are appointed as independent directors and not as representatives of any class of persons.

2. Section 3 of the Regulation is revoked and the following substituted:

3. (1) Subject to section 1, if a vacancy exists among the directors of the IMO appointed under clause 7 (2) (b) of the Act, the Minister shall appoint a person to fill the vacancy from a list of persons nominated in accordance with the Governance and Structure By-law.

(2) The Minister may, before appointing a person to fill a vacancy, require that additional persons be nominated in accordance with the Governance and Structure By-law.

(3) This section does not apply if a director is reappointed under section 2.