Traduction de «consideration received » (Anglais → Français) :

207 (1) Directors of a bank who vote for or consent to a resolution of the directors authorizing the issue of a share contrary to subsection 65(1), the issue of a membership share contrary to subsection 79.1(2) or the issue of subordinated indebtedness contrary to section 80 for a consideration other than money are jointly and severally, or solidarily, liable to the bank to make good any amount by which the consideration received is less than the fair equivalent of the money that the bank would have received if the share, membership share or subordinated indebtedness had been issued for money on the date of the resolution.

794 (1) Directors of a bank holding company who vote for or consent to a resolution of the directors authorizing the issue of a share contrary to subsection 709(1) or the issue of subordinated indebtedness contrary to section 723 for a consideration other than money are jointly and severally, or solidarily, liable to the bank holding company to make good any amount by which the consideration received is less than the fair equivalent of the money that the bank holding company would have received if the share or subordinated indebtedness had been issued for money on the date of the resolution.

The amount of payment that the court may order is the difference between the “value of the consideration received by the debtor and the value of the consideration given by the debtor” (Under Chapter 47, the amount of payment is the difference between the actual consideration given or received and the fair market value, as determined by the court, for the property or services concerned).

Similarly I cannot imagine how other Members could contemplate receiving a lower salary than the one they receive today, especially in consideration of the higher salaries received by national MPs, if not, indeed, by regional advisors, in the same State.

On the one hand it should be excluded that organisations that receive EU operating grants are being given preferential treatment over organisations that do not receive such grants; on the other hand it is also the case that organisations that receive operating grants but which grants are being reduced are often not taken into consideration for action grants (e.g. semi statutory organisations).

Industrial relocation and restructuring and companies closing down once they have received financial aid from the European Union are not new phenomena, but their scale and context has changed considerably.