C.C.S.M. c. B5
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| PART 1
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| BALANCED BUDGET AND FINANCIAL MANAGEMENT STRATEGY
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| 1
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| Definitions
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| BALANCED BUDGET
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| 2
| (1)
| Annual budget for government reporting entity
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| (2)
| Time to present budget
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| 3
| (1)
| Balance at end of fiscal year
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| (2)
| Proceeds from sale of Crown corporation not included in determining balance
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| (3)
| Other adjustments in determining balance
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| (4)
| Declaration of L.G. in C.
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| (5)
| Effect of declaration
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| 4
| (1)
| Annual statement of balance
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| (2)
| Auditor General's report
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| 5
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| Third-quarter report of projected balance
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| 6
| (1)
| Consequence of negative balance
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| (2)
| Salary reduction
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| (3)
| Application after change in government
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| 7
| (1)
| Consequence of projected negative balance
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| (2)
| If negative balance not realized
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| FINANCIAL MANAGEMENT STRATEGY
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| 8
| (1)
| Financial management strategy
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| (2)
| Strategy document to be tabled in Assembly
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| 9
| (1)
| Report on outcomes
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| (2)
| Report to be tabled in Assembly
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| PART 2
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| TAX REFERENDUM REQUIREMENT
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| 10
| (1)
| Referendum required for tax changes
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| (2)
| Revenue neutral and external changes
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| 11
| (1)
| Referendum procedures
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| (2)
| Question to be put to voters
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| (3)
| Regulations re procedures
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| (4)
| Costs of referendum
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| PART 3
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| DEBT REPAYMENT
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| 12
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| Definitions
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| 13
| (1)
| Debt retirement account
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| (2)
| Annual transfers to debt retirement account
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| (2.1)
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| (3)
| Additional amounts may be transferred
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| 14
| (1)
| Payments from debt retirement account
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| (2)
| Required payments every 5 years
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| (3)
| Allocation made under former Act
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| 15
| (1)
| Debt Retirement Account Allocation Committee
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| (2)
| Duties of allocation committee
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| (3)
| Effective reduction of aggregate amount
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| (4)
| Requirement regarding matching contributions for new employees
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| PART 4
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| AMENDMENT OR REPEAL
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| 16
| (1)
| Restriction on amendment or repeal
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| (2)
| Requirements re hearings
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| PART 4.1
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| 16.1
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| Application of Part
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| 16.2
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| Definitions
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| 16.3
| (1)
| Application of balanced budget requirements during economic recovery period
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| (2)
| Application of balanced budget requirements after economic recovery period
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| 16.4
| (1)
| Debt repayment
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| (2)
| Amortization of general purpose debt increases
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| PART 5
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| AMENDMENTS, REPEALS, C.C.S.M. REFERENCE AND COMING INTO FORCE
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| 17
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| 18
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| C.C.S.M. c. B5 repealed
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| 19
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| C.C.S.M. c. F85 repealed
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| 20
| (1)
| Transitional
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| (2)
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| 21
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| C.C.S.M. reference
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| 22
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| Coming into force
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