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These are ongoing requirements. If a director becomes disqualified, he or she must resign. It is an offence for a non-qualified person to act as director. | These are ongoing requirements. If a director becomes disqualified, he or she must resign. It is an offence for a non-qualified person to act as director. | ||
'''These provisions | '''These provisions don't come into effect for pre-existing societies until November 28, 2018.''' | ||
''' | |||
==Changes are coming in 2018 that affect whether directors can be paid== | ==Changes are coming in 2018 that affect whether directors can be paid== | ||
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