The Financial Administration Amendment Act

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1st Session, 41st Legislature

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Bill 6

THE FINANCIAL ADMINISTRATION AMENDMENT ACT

Bilingual version (PDF)

Explanatory Note

(Assented to )

HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Manitoba, enacts as follows:

C.C.S.M. c. F55 amended

The Financial Administration Act is amended by this Act.

2(1)

Subsection 4(1) is amended by striking out everything after "Minister of Finance" and substituting ", and of other ministers and members of the Assembly appointed by the Lieutenant Governor in Council".

2(2)

The following is added after subsection 4(1):

Majority must be ministers

4(1.1)

A majority of the members of Treasury Board must be ministers.

2(3)

Subsection 4(2) is replaced with the following:

Designating a chairperson and vice-chairperson

4(2)

The Lieutenant Governor in Council must designate one member of Treasury Board as chairperson and another as vice-chairperson. The chairperson and vice-chairperson must be ministers.

Coming into force

This Act comes into force on the day it receives royal assent.

Explanatory Note

Treasury Board is the financial oversight committee of the Executive Council of the Government of Manitoba. Currently, Treasury Board's membership is limited to government ministers. This Bill permits members of the Legislative Assembly other than ministers to be appointed to Treasury Board. The chairperson, the vice-chairperson and a majority of the members of Treasury Board must be ministers.