The Conflict of Interest provisions of the NFP Act are far more lenient then their counterpart in the Canada Business Corporations Act.
If CMA did not exist, all children in their program
may be CFC due paying members playing CFC rated games instead of CMA rated games. When I was an FQE director, the board did notice that the actual transfer rate from CMA to actual due-paying FQE members involved in competitive chess was negligible. CMA produces titled players in small quantity. I doubt that either the CFC or the FQE could replace CMA if it closes tomorrow.
All that is required is a declaration of the Conflict of Interest and to abstain in votes that could affect CMA.
https://educaloi.qc.ca/en/capsules/i...-of-directors/