C.C.S.M. c. B5

The Balanced Budget, Debt Repayment and Taxpayer Accountability Act

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1	Definitions
	BALANCED BUDGET REQUIREMENT
2	Fiscal year 2000-01 and thereafter
3(1)	Transfers from Debt Retirement Fund not included in determining balance
(1.1)	Proceeds from sale of Crown corporation not included in determining balance
(2)	Other amounts not required to be included in determining balance
(3)	Declaration of L. G. in C.
(4)	Content of declaration
(5)	Accounting policies
(6)	Concerns of Auditor General
4(1)	Negative balance requires offsetting positive balance in following year
(2)	Application to government change
5	Audited financial statements
6	Reporting requirements
7(1)	Failure to meet requirements: third-quarter projection
(2)	Refund
(3)	Failure to meet requirements: year-end
(4)	Reduction process
(5)	Ceasing to be a member of the Executive Council
(6)	New members of the Executive Council
	DEBT RETIREMENT FUND
8(1)	Debt Retirement Fund
(2)	Fund established
(3)	Management of fund
(4)	Transfers to the fund from the operating fund mandatory
(4.1)	Adjustment of transfer amount
(5)	Earnings of fund
(6)	Transfers from the fund to the operating fund
(6.1)	Allocation between general purpose debt and pension liability
(6.2)	Debt Retirement Fund Allocation Committee
(6.3)	Duties of allocation committee
(6.4)	Effective reduction of aggregate amount
(6.5)	Requirement regarding matching contributions for new employees
(7)	No lapse
(8)	Fiscal year
(9)	Audit
(10)	Financial statements
(11)	Tabling of statements in Assembly
(12)	Winding up of fund
	DISPOSITION OF POSITIVE BALANCE
9	Disposition of positive balance
	TAX REFERENDUM REQUIREMENT
10(1)	Referendum required for tax changes
(2)	Revenue neutral and external changes
11(1)	Procedures for referendum
(2)	Question to be put to voters
(3)	Regulations re procedures
(4)	Costs of referendum
	AMENDMENT OR REPEAL
12(1)	Amendment or repeal
(2)	Requirements re hearings
13
14	C.C.S.M. reference
15	Coming into force