7.4 Annual Meeting - 7.4.1 At the annual meeting, the Board shall: - (a) receive and consider for approval the audited financial statements of the Corporation for the immediately preceding fiscal year; - (b) appoint the auditor; - (c) rece...
AI summary The annual meeting of the Board includes receiving and approving audited financial statements, appointing an auditor, receiving the Governance Committee report, electing officers, and receiving annual reports from standing committees.
8.4 Finance Committee 8.4.1 The Finance Committee is responsible for assisting the Board of Directors with their responsibilities with respect to the oversight of the accounting and financial reporting processes, investing activities, inte...
AI summary The Finance Committee assists the Board of Directors in overseeing accounting, financial reporting, investments, internal controls, risk management, and audit functions. It also advises the Board on annual budgets and fiscal policies.
ELECTRICITY DEMAND-SIDE MANAGEMENT FUND - 27 (1) There is hereby established the Electricity Demand-side Management Fund. - (2) The Fund consists of - (a) any electricity demand-side management transitional funds contributed from Nova Scot...
AI summary The Electricity Demand-side Management Fund is established with contributions from Nova Scotia Power, assessments on public utilities, and other contributions. It is managed by the Corporation, segregated from other assets, and used exclusively for demand-side management programs. Surpluses are retained for future use, and the Fund cannot be used for general provincial obligations.