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Chapter 3 Chapter 4 Appendix Index

Board of Directors and Officers

13. (1)

Subject to subsection 88(4) of the Canada Corporations Act, chapter C-32 of the Revised Statutes of Canada, 1970, any Canadian citizen ordinarily resident in Canada is qualified to be a director of the company elected by the approved telecommunications common carriers who are holders of common shares of the company.

(2)

Subject to subsection 88(4) of the Canada Corporations Act, chapter C-32 of the Revised Statutes of Canada, 1970, any Canadian citizen ordinarily resident in Canada who is

(a)

not a member of the public service of Canada, and

(b)

not a director or an officer of an approved telecommunications common carrier

is qualified to be a director of the company elected by the holders of common shares of the company who are persons who fulfil the statutory conditions.

(3)

An elected director of the company ceases to be a director thereof if the elected director ceases to be qualified to be elected as such by the shareholders of the company by whom that director was so elected.

(4)

A vacancy occurring among directors appointed by the Governor in Council shall be filled by appointment made by the Governor in Council.

(5)

A vacancy occurring among elected directors shall be filled, for the remainder of the term, by appointment made by directors

(a)

who were elected by the holders of common shares of the company who are persons who fulfil the statutory conditions, if the vacancy occurs among directors elected as described in this paragraph; or

(b)

who were elected by the holders of common shares of the company who are approved telecommunications common carriers, if the vacancy occurs among directors elected as described in this paragraph.

(6)

A person appointed pursuant to subsection (4) or (5) shall be a person qualified to be elected as a director.

(7)

The company may prescribe rules for determining, for the purposes of this Act, when a person ceases to be ordinarily resident in Canada. R.S., c. T-4, s. 13.



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