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E-12.00001 - Balanced Budget Act

Section 7.5
Disposition versions

Full text
7.5. An overrun is a budgetary deficit.
However, if an offsetting financial plan is applied, only the sums lacking for the achievement of the budgetary objectives set out in that plan constitute an overrun.
2009, c. 38, s. 5; 2015, c. 8, s. 4; 2022, c. 3, s. 20.
7.5. An overrun is a budgetary deficit or, if applicable, the sums lacking for the achievement of the objective established by section 7.1 for the 2014-2015 fiscal year.
However, if an offsetting financial plan is applied, only the sums lacking for the achievement of the budgetary objectives set out in that plan constitute an overrun.
2009, c. 38, s. 5; 2015, c. 8, s. 4.
7.5. An overrun is a budgetary deficit or, if applicable, the sums lacking for the achievement of the budgetary deficit objective for a fiscal year in the period determined by the Minister under section 7.2.
However, if an offsetting financial plan is applied, only the sums lacking for the achievement of the budgetary objectives set out in that plan constitute an overrun.
2009, c. 38, s. 5.
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