156. Disclosure of interests in transactions, property, offices, etc.

Question 1

156. Disclosure of interests in transactions, property, offices, etc.

Answer 1

General overview
[156.01] This section mandates the disclosure of any interests or conflicts of interests faced by a director or chief executive officer arising from a transaction or impending transaction with the company and also from cross-directorships or ownership of any property. It provides a procedure for such a director or chief executive officer to report to the board of directors such interests or conflicts of interests.