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Canada Transportation Act

Version of section 10 from 2015-02-26 to 2024-05-28:


Marginal note:Members — conflicts of interest

  •  (1) A member appointed under subsection 7(2) shall not, directly or indirectly, as owner, shareholder, director, officer, partner or otherwise,

    • (a) be engaged in a transportation undertaking or business; or

    • (b) have an interest in a transportation undertaking or business or an interest in the manufacture or distribution of transportation plant or equipment, unless the distribution is merely incidental to the general merchandising of goods.

  • Marginal note:Temporary members may not hold other office

    (2) During the term of office of a temporary member, the member shall not accept or hold any office or employment that is inconsistent with the member’s duties under this Act.

  • Marginal note:Disposal of conflict of interest

    (3) If an interest referred to in subsection (1) vests in a member appointed under subsection 7(2) for the benefit of the member by will or succession, the member shall, within three months after the vesting, absolutely dispose of the interest.

  • 1996, c. 10, s. 10
  • 2015, c. 3, s. 32(E)

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