p43 s1 bill 50 b050 e.pdf

Ontario — Bills

1ST SESSION, 43RD LEGISLATURE, ONTARIO CHARLES III, 2022 Bill

An Act to amend the Securities Act to require certain issuers to adopt and make publicly available written policies respecting their director nomination process Ms S. Bowman Private Member’s Bill 1st Reading November 29, 2022 2nd Reading 3rd Reading Royal Assent Bill

An Act to amend the Securities Act to require certain issuers to adopt and make publicly available written policies respecting their director nomination process His Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows: 1 The Securities Act is amended by adding the following section: Written policies, board diversity 121.2.1 An issuer whose shares are publicly traded shall adopt and make publicly available a written policy respecting the director nomination process that provides for the identification of candidates who belong to one or more of the following groups: women, persons who are Black, Indigenous or racialized, persons with disabilities and persons who are LGBTQ+.

Commencement This Act comes into force on the third anniversary of the day this Act receives Royal Assent.

Short title The

short title of this Act is the Building Better Business Outcomes Act, 2022. ______________ EXPLANATORY NOTE The Bill requires issuers whose shares are publicly traded to adopt and make publicly available a written policy respecting the director nomination process that provides for the identification of candidates who belong to one or more of the following groups: women, persons who are Black, Indigenous or racialized, persons with disabilities and persons who are LGBTQ+.

Document details

Collection	Ontario — Bills
Citation	p43 s1 bill 50 b050 e.pdf
Type	bill
Volume / chapter	p43 s1 bill 50 b050 e.pdf
Language	en
Format	json
Source	PROVINCIAL
Identifier	9c93a9e0b6bd384a4a8f299013737dfa26ba550b

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