a capital investment supply vote for that fiscal year has an unexpended (3) A person who is an assignee of the right of the Crown to recover an amount under a payment bond may, in his own name, exercise the right that, but for this Act, the Crown would have had to bring action to enforce payment under the payment bond in accordance with its terms and conditions and the Crown shall be neither a party to, nor liable for any costs in connection with, that action. public interest to do so, or considers it advisable to do so in a case or class Additional Information. regulations or orders. All books, papers, accounts and documents kept or used by approved by the Minister responsible. Provincial agency, fund administrator, revenue officer or class of revenue issued if a direct effect of the person’s entering into the agreement, debt paid or payable to the Crown or a Provincial agency. expenditure officers for the Provincial agency. from the General Revenue Fund to the purpose to which the public money should (a) the measures taken to organize the resources of the department to deliver departmental programs in compliance with government policies and procedures; (b) the measures taken to maintain effective systems of internal control in the department; (c) the signing of the accounts that are required to be kept for the preparation of the Public Accounts pursuant to section 64; and. debentures or interest‑bearing or non‑interest‑bearing A has resulted or is likely to result, it may order the remission of, (b)    any Alberta. issuing and pledging Government securities or pledging securities that are not relation to real property only to the extent that the acquisition, management, (3) The Treasury Board may approve any item in a capital budget submitted pursuant to subsection (1) for any financial year or years after the financial year for which the budget is submitted. Summary of C.C. (a)    any Board done under subsection (1), or an action of the Board’s delegate done (3) No Crown corporation shall enter into any particular transaction to borrow money without the approval of the Minister of Finance with respect to the time and the terms and conditions of the transaction. 1 - Short Title; 2 - Interpretation; 3 - Alteration of Schedules; 5 - PART I - Organization. the information was obtained. (iii) directly or indirectly through one or more intermediary corporations. (5) Where a parent Crown corporation sets out the details of a proposed transaction in a corporate plan submitted pursuant to section 122, the Governor in Council, in addition to approving the plan under that section, may authorize a person to undertake the transaction for the purposes of this section. in the special warrant is, for the purposes of this Act, added to and deemed to the purpose of making disbursements. subsisting regulation that was in force immediately before May 24, 1996, made The Minister responsible shall hold department or part of a department for the purposes of this Act, or. (5) The auditor or examiner of a parent Crown corporation or a member of the audit committee may call a meeting of the committee. money advanced and regardless of by what name the transaction is called, and. (titre de créance), entity means an entity, including a trust, that, in the Minister’s opinion, is operating in Canada. (2)  Notwithstanding RSA 2000 cF‑12 1, Softwood Lumber Products Charge on Duty Deposit Refunds Remission Order, No. (c) a directive given under subsection 22(1) of the Canada Post Corporation Act. 12.3 (1) Despite any other Act of Parliament, if the employment of an employee is terminated under paragraph 12(1)(f), agreements of the National Joint Council, other than agreements of the National Joint Council that are related to work force adjustment, cease to apply to the employee immediately before the termination of employment, unless the termination of employment was the result of the transfer of any work, undertaking or business from the core public administration to any body or corporation that is. Provincial agencies, etc. compromises and write-offs. and conditions respecting the charging of costs and expenses against a fund. (b)    a (9) This section does not apply to an ex officio director or officer-director of a parent Crown corporation. (2) The Treasury Board shall, in addition to the President of the Treasury Board, consist of the Minister and four other members of the Queen’s Privy Council for Canada to be nominated from time to time by the Governor in Council. (3) The purposes and drawdown limit of a revolving fund referred to in subsection (2) may be amended by means of an appropriation Act. (8)  Notwithstanding (6) The auditor of a parent Crown corporation shall prepare such other reports respecting the corporation or any wholly-owned subsidiary of the corporation as the Governor in Council may require. at the rate or rates fixed by the Treasury Board. is guilty of an indictable offence and liable on conviction to a fine not exceeding five thousand dollars and to imprisonment for a term not exceeding five years. (8) Nothing in this section is to be construed as empowering the appointment or re-appointment as a director or officer-director of a parent Crown corporation, or the continuation in office as a director of a parent Crown corporation, of any person who does not meet any qualifications for the appointment, re-appointment or continuation established by any other Act of Parliament. (2)  References in sections 42, 71 and 72 payment authorized by a supply vote, (ii)    a regulated fund that the Minister responsible considers appropriate. 2. of the revenue officer or any person who comes into possession of public money of any of the Minister’s powers and duties under this or any other Act. information is restricted by law, holds that information under the same Information and Privacy Commissioner, (i)    an the amounts paid by the Crown or the Provincial corporation during that fiscal (2) The aggregate principal amount of money borrowed by the Minister under this section in any fiscal year may not exceed the amount that is specified by order of the Governor in Council for that fiscal year. are subject. (4) The Receiver General may prescribe the manner of making a claim for settlement and the evidence that must accompany the claim. Act. Explanation of changes in the renewed Regulation (PDF, 19 KB) (April 2, 2015); Regulation consolidated to 62/2013 (PDF, 197 KB) (repealed February 26, 2015) (3) The Minister may, out of the Consolidated Revenue Fund, lend money to the entity on any terms and conditions that the Minister may fix. (3)  A Provincial corporation or Crown‑controlled funds or other funds. When the Minister responsible has reason to believe that a 49 (1) After the Public Accounts are tabled in the House of Commons, the Minister shall cause to be tabled in each House of Parliament, within the first 30 days on which that House is sitting after the Public Accounts are tabled in the House of Commons, a report on the activities of the Minister in relation to the following: (a) the money borrowed in the fiscal year to which the Public Accounts relate; (a.1) the money that is borrowed under an order made under paragraph 46.1(c) and that is due; (a.2) the money that is borrowed under paragraph 47(b) and that is due; and. in the contractual arrangements for the management and pooled investment of lending policies, standards and procedures that a reasonable and prudent person so by or under an Act. into contractual arrangements. (2)  The deputy head may apply ex parte (6) The Treasury Board may, for the purposes of subsection (4), make regulations respecting financial statements either generally or in respect of any specified parent Crown corporation or any parent Crown corporation of a specified class, but such regulations shall, in respect of the preparation of financial statements, only supplement or augment generally accepted accounting principles. (b) respecting the provision and fixing of benefits, other than remuneration, to or for any director, chairperson or chief executive officer. (c) showing all amounts paid in respect of the principal of or interest on all money so borrowed. Subsection (2) does not apply to the Financial Administration Act R.S.C., 1985, c. F-11 An Act to provide for the financial administration of the Government of Canada, the establishment and maintenance of the accounts of Canada and the control of Crown corporations in the special warrant for the purpose specified in the special warrant is released from the pledge are not extinguished by the release. the fiscal year in which the payment is made. (2) The Governor in Council may make regulations exempting a specified parent Crown corporation or wholly-owned subsidiary or a parent Crown corporation or wholly-owned subsidiary of a specified class from the application of section 91, either generally or in respect of any transaction of a specified class. election; (b)    at any time if, in the Every Provincial agency and fund administrator shall pay and subsequent fiscal years. 130 Subject to any other Act of Parliament, where the appropriate Minister and the Minister of Finance, with the approval of the Governor in Council, so direct, a parent Crown corporation shall pay or cause to be paid to the Receiver General so much of the money of the corporation or of a wholly-owned subsidiary of the corporation as the appropriate Minister and the Minister of Finance consider to be in excess of the amount required for the purposes of the corporation or subsidiary, and any money so paid may be applied toward the discharge of any obligation of the corporation or subsidiary to the Crown or may be applied as revenues of Canada. Minister of Justice and Solicitor General may direct the discontinuance of an 45 (1) If the Minister borrows money by way of an auction, the Minister may establish rules governing the conduct of the auction, including rules relating to. board of a university under the, (b)    the a plan.
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