(1) The board of directors of the Corporation is composed of at least five and not more than 13 members, or a number prescribed by regulation, who are appointed by the Lieutenant Governor in Council on the recommendation of the Minister. 2011, c. 9, Sched. 32, s. 9 (1).
Term of office
(2) A director shall hold office at pleasure for a term not exceeding three years and may be reappointed for successive terms not exceeding three years each. 2011, c. 9, Sched. 32, s. 9 (2).
Quorum
(3) Subject to the by-laws of the Corporation, a majority of the directors of the board constitutes a quorum for the transaction of business. 2011, c. 9, Sched. 32, s. 9 (3).
Chair and vice-chairs
(4) The Lieutenant Governor in Council shall designate a director as the chair and may designate one or more directors as vice-chairs. 2011, c. 9, Sched. 32, s. 9 (4).
Acting chair
(5) If the chair is absent or unable to act or if the office of chair is vacant, a vice-chair shall act as and have all the powers of the chair. 2011, c. 9, Sched. 32, s. 9 (5).
Same
(6) If the chair and vice-chairs are absent from a board meeting, the directors present at the meeting shall appoint an acting chair from among themselves to act as and to have all the powers of the chair during the meeting. 2011, c. 9, Sched. 32, s. 9 (6).
Remuneration
(7) A director who is not a public servant appointed under Part III of the Public Service of Ontario Act, 2006 shall be paid remuneration and expenses as determined by the Lieutenant Governor in Council. 2011, c. 9, Sched. 32, s. 9 (7).