Royal Canadian Mint Act
Marginal note:Conditions of eligibility
12 (1) Each director appointed under section 11 must have experience in the field of metal fabrication or production, industrial relations or a related field.
Marginal note:Outside interests
(2) A person is not eligible to be appointed or to continue as a director of the Mint if the person is not a Canadian citizen ordinarily resident in Canada or if, directly or indirectly, the person is engaged in any undertaking involving or associated with
(a) the production or distribution of copper, copper alloy, nickel or precious metals;
(b) the purchase, production, distribution or sale of coins or coin operated devices; or
(c) the vending of goods and services by means of coin operated devices.
Marginal note:Disposing of interest
(3) Where any interest prohibited by subsection (2) vests in a director by will or succession for his own benefit, the director shall, within three months thereafter, absolutely dispose of the interest.
- R.S., 1985, c. R-9, s. 12
- R.S., 1985, c. 35 (3rd Supp.), s. 10
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