A-6.001 - Financial Administration Act

Full text
50. An authorization under section 49 to take money out of the Consolidated Revenue Fund is valid only for the fiscal year to which the expenditure and investment estimates for a special fund, approved by Parliament, pertain.
2000, c. 15, s. 50; 2011, c. 18, s. 23.
50. The management of the money making up a special fund is entrusted to the Minister. The money shall be paid to the order of the Minister and deposited with the financial institutions designated by the Minister.
The minister responsible for the special fund shall keep the books of account of the special fund and record the financial commitments chargeable to it. The minister shall also ensure that such commitments and the payments arising therefrom do not exceed and are consistent with the available balances.
2000, c. 15, s. 50.