NEWFOUNDLAND
AND
LABRADOR
REGULATION 42/08
Student Financial Assistance Board of
Directors Regulations
under the
Student Financial Assistance Act
(O.C. 2008-139)
Amended by:
57/13
NEWFOUNDLAND AND
LABRADOR
REGULATION 42/08
Student Financial Assistance Board of
Directors Regulations
under the
Student Financial Assistance Act
(O.C. 2008-139)
(Filed June 26, 2008
)
Under the authority of section 16 of the Student Financial Assistance Act,
the Lieutenant-Governor in Council makes the following regulations.
Dated at St. Johns
, June 26, 2008
.
Gary Norris
Clerk of the Executive Council
REGULATIONS
Analysis
Short title
1.
This regulation may be cited as the Student Financial Assistance Board of Directors Regulations.
42/08 s1
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Definitions
2.
In these regulations,
(a)
"Act" means the Student Financial Assistance Act;
(b)
"board" means the board of directors of the corporation; and
(c)
"corporation" means the Student Loan Corporation of Newfoundland
and Labrador
established under section 14.1 of the Act.
42/08 s2
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Composition of board of directors
3.
(1) There shall be 5 directors on the board of directors of the corporation.
(2)
The directors of the board shall be, by virtue of their positions, the following:
(a)
Deputy Minister of the Department of Advanced Education and Skills, who shall also be chair of the board;
(b)
Deputy Minister of the Department of Finance;
(c)
Comptroller General;
(d)
Assistant Deputy Minister, Advanced Studies, of the Department of Advanced Education and Skills; and
(e)
Assistant Deputy Minister, Corporate Services, of the Department of Advanced Education and Skills.
42/08 s3; 57/13 s1
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