C.C.S.M. c. P260
The Public Schools Finance Board Act
DEFINITIONS | ||
1 | Definitions | |
PUBLIC SCHOOLS FINANCE BOARD | ||
2 | (1) | Board is continued |
(2) | Members | |
(3) | Chairperson | |
(4) to (6) | Repealed | |
(7) | Quorum | |
(8) | Board agent of Crown | |
3 | (1) | Duties and powers |
(2) | Five-year review | |
(3) | Minister may refer matters to the board | |
4 | Repealed | |
5 | Rules of procedure | |
5.1 | Policies | |
5.2 | Powers of commissioners under Part V of Evidence Act | |
6 | (1) | Employees |
(2) | Professional and expert assistants | |
(3) | Temporary transfer of employees | |
7 | Marketing of debentures | |
CAPITAL SUPPORT PROGRAM | ||
8 | (1) | Mandate of the board re capital support |
(2) | Criteria that board must consider | |
8.1 | (1) | Board's annual funding plan for capital support to school divisions |
(2) | Plan submitted to the minister | |
(3) | Limit on financial commitments | |
(4) | Multi-year planning framework | |
REQUIREMENTS FOR SCHOOL DIVISIONS | ||
8.2 | (1) | School division must submit 5-year capital plan |
(2) | School division must keep property inventory | |
(3) | School division must submit property inventory | |
8.3 | (1) | Request for new school or major renovation |
(2) | Project description | |
(3) | Review of request | |
(4) | No tendering until board approves project | |
(5) | Plans and specifications | |
FUND | ||
9 | (1) | Continuation of fund |
(2) | Payments to and from fund | |
(3) | Fund not part of Consolidated Fund | |
(4) | Investment | |
(5) | Reserves | |
(6) | Disposal of moneys held by Minister of Finance | |
(7) | Surplus and deficits | |
(8) | Receipt of money from other sources | |
(9) | Deposit with Minister of Finance | |
ACCOUNTING AND AUDITING REQUIREMENTS | ||
10 | Accounting | |
11 | Fiscal year | |
12 | (1) | Audit by Auditor General |
(2) | Special audit | |
ANNUAL REPORT | ||
13 | (1) | Annual report |
(2) | Tabling report | |
(3) | Special reports | |
BORROWING | ||
14 | (1) | Power to borrow |
(2) | Power of government to guarantee | |
(3) | Signature of guarantee | |
(4) | Discharge of liability under guarantee | |
(5) | Purchase of notes by province | |
15 | (1) | Advances by province |
(2) | Payments from Consolidated Fund | |
MISCELLANEOUS PROVISIONS | ||
16 | Assumption of certain agreements by government | |
17 | (1) | Compliance with assignments accepted by government |
(2) | Limitation on assignments of support | |
18 | (1) | Purchase of equipment |
(2) | Disposal of equipment | |
18.1 | (1) | Reports, etc., from school divisions |
(2) | Withholding of grants | |
19 | Appearance before finance board and appeal |