5 The short title of this Act is the East York Foundation Act, 2017 — Private Bill PR63 (41st Parliament, 2nd Session)

Bill PR63, 41-2

Ontario — Bills

2ND SESSION, 41ST LEGISLATURE, ONTARIO ELIZABETH II, 2017 Bill Pr63 (Chapter Pr8 of the Statutes of Ontario, 2017)

An Act respecting The East York Foundation Mr. P. Tabuns 1st Reading April 26, 2017 2nd Reading June 1, 2017 3rd Reading June 1, 2017 Royal Assent June 1, 2017 Bill Pr63

An Act respecting The East York Foundation

Preamble The Board of Directors of The East York Foundation has applied for special legislation to amend the composition of the Foundation’s nominating committee and to repeal the annual audit requirements . The Foundation was established by private legislation, The East York Foundation Act, 1965, and was amended by private legislation, The East York Foundation Act, 1973. It is appropriate to grant the application. Therefore, Her Majesty, by and with the advice an d consent of the Legislative Assembly of the Province of Ontario, enacts as follows: 1

Section of The East York Foundation Act, 1965, as amended by

section of The East York Foundation Act, 1973, is repealed and the following substituted: Board of Directors 3

(1) The Foundation shall be composed of the members for the time being of the Board of Directors of the Foundation, referred to in this Act as the Board. Composition

(2) The Board shall be composed of 10 persons, all of whom shall be residents of the area known on January 1, 1974 as the Borough of East York, recommended by the nominating committee and appointed by the Board. Vacancy

(3) Subject to subsection 4 (5), a vacancy occurring in the membership of the Board for any reason shall be fi lled by the Board on the recommendation of the nominating committee. Term of office

(4) Members of the Board shall serve for a term of three years. Same

(5) A person appointed to fill a vacancy occurring in the membership of the Board for any reason ot her than the expiration of a term of office shall serve for the remaining portion of the term of office of the person he or she is replacing. Remuneration

(6) Members of the Board shall serve without remuneration. 2

Section of the Act , as amended by

section of The East York Foundation Act, 1973, is repealed and the following substituted: Nominating committee 4

(1) The nominating committee shall be composed of the following persons: 1. The chair of the Board. 2. One member of the Board, appointed by the Board. 3. One person appointed by the Mayor of the City of Toronto. Meetings

(2) The nominating committee shall meet whenever it is necessary to fill a vacancy in the Board, which must be at least annually, upon the call of the secretary of the Board or, if there is no secretary of the Board, upon the call of the chair of the nominating committee. 2 Rules

(3) The nominating committee may make rules governing its procedure, including the appointment of a chair, as it deems advisable. Quorum

(4) Two members of the nominating committee present in person constitute a quorum to conduct any meeting of the committee, and a majority vote of all the members of the committee is required for the recommendation of a person to be appointed to the Board. Failure of committee to recommend appointee

(5) If the nominating committee fails to recommend a person to fill a vacancy in the membership of the Board within 60 days after the vacancy occurs, the remaining members of the Board may appoint any person to fill the vacancy. Continuation of present committee

(6) The members of the nominating committee in office immediately before the East York Foundation Act, 201 comes into force are continued in office until the nominating committee is constituted in accordance with subsection (1). 3

Section of the Act is repealed. Commencement This Act comes into force on the day it receives Royal Assent.

Short title The

short title of this Act is the East York Foundation Act, 2017.

Document details

Collection	Ontario — Bills
Citation	Bill PR63, 41-2
Type	bill
Volume / chapter	p41 s2 bill pr63 bill text 41 2 en pr063ra e.pdf
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	718fc11f7b926961fdb6f26ba4dbc863592ebd9b

Source file is stored in the law ingest library (pdf).