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POINT IN TIME
  June 27, 2008 to May 30, 2013
 

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


       
1.   Short title

       
2.   Definitions

       
3.   Composition of board of directors


Short title

        1. This regulation may be cited as the Student Financial Assistance Board of Directors Regulations.

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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.

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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

             (a)  Deputy Minister of the Department of Education, who shall also be chair of the board;

             (b)  the Deputy Minister of the Department of Finance;

             (c)  the Comptroller General;

             (d)  the Assistant Deputy Minister (Advanced Studies) of the Department of Education; and

             (e)  the Assistant Deputy Minister (Corporate Services) of the Department of Education.

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