C.C.S.M. c. F55
The Financial Administration Act
Table of Contents
PART 1 | ||
INTERPRETATION AND APPLICATION | ||
1 | Definitions | |
2 | Interpretation of power to designate or authorize | |
3 | Application | |
PART 2 | ||
ORGANIZATION | ||
4 | Treasury Board | |
(1.1) | Majority must be ministers | |
(2) | Designating a chairperson and vice-chairperson | |
(3) | Secretary to Treasury Board | |
(4) | Rules of Treasury Board | |
5 | Authority of Treasury Board | |
6 | Regulations and directives — general powers | |
(2) | Regulations and directives — reporting organizations | |
(3) | Regulations — prescribing reporting organizations | |
(4) | Regulations and directives — specific powers | |
(5) | Regulation may be general or specific | |
(6) | Directive must be specific | |
(7) | Reporting organization must comply with directive | |
(8) | Directive to be made public | |
(9) | Guidelines | |
7 | Treasury Board subject to Executive Council direction | |
8 | Responsibilities of Minister of Finance | |
9 | Regulations and directives of Minister of Finance | |
10 | Financial agreements | |
(2) | Statement in agreement | |
11 | Authority of deputy minister | |
12 | Delegation of authority of Minister of Finance | |
(2) | Exception | |
(3) | Scope of authorization | |
(4) | Effect of authorization | |
(5) | Delegation of power to subdelegate | |
(6) | Term of delegation | |
(7) | Transitional | |
12.1 | Shared services | |
(2) | Delegation of Minister of Finance's powers | |
(3) | Delegation of other minister's powers | |
(4) | Scope of authorization | |
(5) | Term of delegation | |
(6) | Effect of authorization | |
(7) | Regulations | |
13 | Appointment of Provincial Comptroller | |
(2) | Comptroller's responsibilities | |
(3) | Powers of Comptroller | |
(4) | Powers of Comptroller under clause (3)(e) | |
13.1 | Responsibility for internal audit system | |
(2) | Powers | |
14 | Officers stationed in departments or organizations | |
PART 3 | ||
PUBLIC MONEY | ||
15 | Consolidated Fund | |
16 | Collection and management of public money | |
17 | Payment of fees and commissions | |
(2) | Exception to subsection (1) | |
17.1 | Collection and retention of service fees | |
(2) | Reporting of amounts | |
18 | Banking | |
19 | Banking by government agencies | |
20 | Refund of money | |
(2) | Refund made after fiscal year end | |
21 | Write-off of debts and obligations | |
(2) | Effect of write-off | |
22 | Remission of money paid or payable | |
(2) | Terms of remission | |
(3) | Non-performance of condition | |
(4) | Refund out of Consolidated Fund | |
23 | Settlement of debt or obligation | |
24 | Records of write-offs, remissions etc. to be available | |
25 | Interest on overdue accounts | |
(2) | Rate of interest and recovery | |
(3) | Effective date of regulation | |
26 | Revenue of fiscal year | |
26.1 | Fiscal stabilization account | |
(2) | Target level | |
(3) | Annual transfer to account | |
(4) | Use of account | |
27 | Definition of "financial institution" | |
(2) | Investment of public money | |
(3) | Investment of trust money | |
(4) | Deposit deemed to be investment | |
(5) | Lending securities | |
28 | Voting securities | |
PART 4 | ||
DISBURSEMENT OF PUBLIC MONEY | ||
29 | Payment out of Consolidated Fund | |
(2) | Payment of amounts appropriated | |
(3) | Payment of expenditure incurred in prior year | |
29.1 | [Repealed] | |
30 | Definition of "statutory appropriation" | |
(2) | Main estimates | |
(2.1) | [Repealed] | |
31 | Main estimates supplement | |
31.1 | Budget to reflect main estimates of expenditure | |
32 | Special warrants | |
(2) | When appropriation exists | |
(3) | When no appropriation exists | |
(3.1) | [Repealed] | |
(4) | Special warrants to be reported | |
(5) | "Expenditure" defined | |
33 | Enabling appropriations | |
34 | Use of appropriation | |
34.1 | Transfer between operating expenditure appropriations within department | |
(2) | Transfer is exception to any other authorization | |
(3) | Report in public accounts | |
35 | Loans, guarantees and debt charges payable without votes | |
36 | Payment of trust money | |
37 | Lapse of appropriations | |
38 and 39 | [Repealed] | |
40 | Refunds or repayments of expenditures | |
(2) | Refunds or repayments under cost shared programs | |
41 | Definitions | |
(2) | Payment of money ordered by court etc. | |
(3) | Settlement of claims | |
(4) | Treasury Board approval required | |
(5) | Regulation of L.G. in C. | |
(6) | If no appropriation or insufficient appropriation | |
(7) | Money paid under subsection (6) to be reported | |
42 | Expenditures authorized for agreements with Canada | |
43 | Authority for expenditures in anticipation of recoveries | |
44 | Certification of contract performance | |
(2) | Persons authorized to certify payment | |
45 | Authority for commitments to future expenditures | |
(2) | Limit on expenditure commitments | |
(3) | Commitments to be reported | |
(4) | Commitments to be in main estimates | |
46 | Accountable advances | |
47 | Set-offs | |
48 | Interest on amounts owing and trust money | |
PART 5 | ||
PUBLIC DEBT | ||
49 | Authorization of debt | |
(2) | Raising money to refinance debt or for temporary purposes | |
50 | Authority to raise money | |
(2) | Manner of raising money | |
(3) | Powers re raising money | |
(4) | Terms and conditions of securities | |
(5) | Other powers respecting provincial securities | |
51 | Records of loans to be available | |
52 | Raising money in foreign currency | |
53 | Purposes of money raised under section 50 | |
54 | Execution of provincial securities | |
(2) | Regulations by L. G. in C. | |
55 | Reproduced signature | |
56 | Cancellation of provincial securities held by government | |
57 | Change in form of public debt | |
(2) | Limitation on substitution | |
(3) | How substitution may be made | |
(4) | Restriction on substitutions | |
58 | Regulations re provincial securities | |
59 | Execution of trusts | |
60 | Sinking fund | |
60.1 | Pension assets fund continued | |
(2) | Amounts to be credited to pension assets fund | |
(3) | Payments out of pension assets fund | |
PART 6 | ||
ADVANCES, LOANS AND GUARANTEES BY THE GOVERNMENT |
||
61 | Advances by government | |
(2) | Interest rate | |
(3) | Minimum rate of interest | |
62 | Guarantee of securities of government agencies | |
63 | Supplementary loan and guarantee authority | |
(2) | Limit on amount of loans and guarantees | |
(3) | Administration | |
(4) | Report to Legislative Assembly | |
64 | Establishment of loan or loan guarantee programs | |
(2) | Contents of loan program | |
(3) | Authority of minister or agency to administer program | |
PART 7 | ||
PUBLIC ACCOUNTS AND REPORTS | ||
65 | Preparation of public accounts | |
(2) | Submitting public accounts | |
(3) to (5) | [Repealed] | |
66 | Adjustments after end of fiscal year | |
67 | Accountability to the Legislative Assembly | |
67.1 | Report on fuel tax revenue and expenditure | |
(2) | Report to be tabled | |
(3) | Report to be included in public accounts | |
(4) | Excess revenue | |
67.2 | [Not yet proclaimed] | |
67.3 | [Repealed] | |
67.4 | [Repealed] | |
PART 8 | ||
REVENUE OFFICERS | ||
68 | Definition of "revenue officer" | |
69 | Appointment of revenue officers | |
(2) | Regulations or directives of minister | |
(3) | Limitation re revenue officers under other Acts | |
70 | Offence by revenue officer | |
71 | Revenue officers not accounting | |
(2) | Failure to comply with notice | |
(3) | Account as evidence | |
72 | Accounting for money received | |
(2) | Liability for public money lost | |
73 | Accepting unauthorized fees | |
(2) | Payment of unauthorized fee | |
74 | Accounts of revenue officer | |
(2) | Payment of balance to Minister of Finance | |
PART 9 | ||
MISCELLANEOUS | ||
75 | Saving of other legal remedies | |
76 | Recovery of public money | |
76.1 | Meaning of "authorized person" | |
(2) | Powers of authorized person | |
(3) | Assistance to authorized person | |
(4) | Copies of records | |
76.2 | Duties of directors, officers, etc. | |
(2) | Reliance on statements | |
76.3 | Subsidiary of reporting organization | |
77 | Recitals and declarations | |
78 | Self-sustaining debt | |
(2) | General purpose debt | |
79 | Regulations re retention and destruction of documents | |
80 | Disclosure of contracts | |
(2) | Contracts to be reported | |
(3) | Regulations | |
80.1 | Annual report on procurement | |
(2) | Report to be laid before Assembly | |
81 | Reproduction of seal | |
PART 10 | ||
CONSEQUENTIAL AMENDMENTS, REPEAL, C.C.S.M. REFERENCE AND COMING INTO FORCE |
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82 to 110 | [amendments to other Acts] | |
111 | Repeal | |
112 | C.C.S.M. reference | |
113 | Coming into force | |
(1.1) | Coming into force: subsection 25(3) | |
(2) | Coming into force: sections 93 and 108 | |
(3) | Coming into force: certain consequential amendments |