•Why charities and RCAAAs should be concerned
–CRA has yet to make clear what the
effect of having an “ineligible individual”
on the board will be, but revocation is
a statutory right of CRA
–CRA has so far stated that they
§Will look at the
particular circumstances of a charity or
RCAAA
§Will take into
account whether appropriate safeguards
have been instituted to address any potential
concerns
–Unfortunately, CRA has not stated what
those circumstances are and no
explanation of what the safeguards
might be has been given
•