Queen Elizabeth II Canadian Research Fund Act
An Act respecting the establishment and administration of a fund to aid in research on the diseases of children
Bills that amended this Act0
No published amendment links yet for this Act.
Sections14
- 1Short title
This Act may be cited as the Queen Elizabeth II Canadian Research Fund Act.
- 1.1Definition of Council
In this Act, Council means the Medical Research Council established by section 3 of the Medical Research Council Act.
- 2Fund established
There is hereby established a fund, to be known as The Queen Elizabeth II Canadian Fund to Aid in Research on the Diseases of Children (hereinafter called the Fund), which shall consist of all money, securities and other property received by the Council for the purposes of the Fund and shall include all income derived from the Fund and all gifts, bequests, appropriations and other contributions made to the Fund.
- 3Purposes of Fund
The purposes of the Fund are to assist individuals or organizations to undertake or carry on research into the diseases of children, and the causes, prevention and treatment of such diseases.
- 4Appropriation to the Fund
There is hereby appropriated for the Fund, out of the Consolidated Revenue Fund, the sum of one million dollars.
- 5Repealed
[Repealed, 1995, c. 29, s. 71]
- 6Management and administration
The Council shall manage and administer the Fund in accordance with and subject to this Act.
- 7Payments
The Council may make such payments out of the Fund for the purposes of the Fund as it considers desirable.
- 8Investments
The Council may invest any moneys of the Fund in bonds or other securities of the Government of Canada and may sell any such bonds and securities.
- 9Advisory committees
The Council may appoint from among its members or otherwise such advisory or other committees as it considers necessary or advisable for the administration of this Act.
- 10Property
The Council may, for the purposes of this Act, acquire by purchase, lease, gift, bequest or otherwise any real or personal property and may own, hold, sell, manage or otherwise deal therewith in such manner as it may determine.
- 11By-laws
The Council may make by-laws for regulating its proceedings and generally for carrying out the purposes and provisions of this Act.
- 12Gifts to Her Majesty
A gift or bequest to the Fund or to the Council for the purposes of the Fund shall be deemed to be a gift to Her Majesty.
- 13 to 15Repealed
[Repealed, 1995, c. 29, s. 72]