5 Management Bodies Establishment of management body
(2) An existing corporation may be established as a management
body.
(3) An order under this section shall set out the following:
(a) the name of the management body;
(b) the members of the management body;
RSA 2000
(c) the number of persons constituting the board of the
management body and, subject to the regulations, the
method of appointing or electing the members of the board;
(d) where the management body is to provide lodge
accommodation, the municipalities that are liable to be
requisitioned under section 7;
(e) a description of the housing accommodation, if any, that the
management body is to operate and administer;
(f) without limiting section 6(1) , a description of any other
powers, functions or duties with respect to the provision of
housing accommodation that the management body is to
have and be subject to.
(4) An order under this section may
(a) prescribe the fiscal year of the management body, and
(b) in the case of a management body that provides affordable
housing, other than a management body referred to in
subsection (2),
(i) specify the provisions of the regulations made under
section 34(1)(c) that apply to the management body in its
capacity as an affordable housing provider, and
(ii) prescribe any modifications to the provisions referred to
in subclause (i) that the Minister considers necessary to
enable their application to the management body.
(5) The Minister may not make an order under this section
establishing a management body that is to have the power to
requisition under section 7 unless a majority of the municipalities
that are liable to be requisitioned have agreed to the number of
persons constituting the board and, subject to the regulations, the
method of appointing or electing the members.
(6) Notwithstanding subsection (5), the Minister may amend an
order without the agreement of a majority of the municipalities that
are liable to be requisitioned.
RSA 2000 cA-25 s5;2021 c23 s4