Statutory Appointments. 1) As provided for in section 3 of the Act, the Board shall appoint a registrar and may appoint one or more deputy registrars. 2) The registrar and any deputy registrar(s) shall be employees of the Corporation and shall not be: a) a member of the Board; b) an employee or director of a builder or vendor, or industry association representing the interests of builders or vendors; or c) a builder or vendor under the Act. 3) The Corporation acknowledges that the registrar under the Act and any deputy or deputies and any other statutory appointments thereof exercise statutory duties that require independent decision-making and, for that purpose, the Corporation agrees that the Board shall not interfere with the independent exercise of these statutory responsibilities but may review the manner in which those responsibilities are carried out, consistent with the Board’s corporate and regulatory governance responsibilities.
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