Broadcasting Act (S.C. 1991, c. 11)

Act current to 2014-11-11 and last amended on 2012-03-16. Previous Versions

Marginal note:Receiver General account
  •  (1) The Corporation shall, if so directed by the Minister of Finance with the concurrence of the Minister, and may, if the Minister of Finance and the Minister approve, pay or cause to be paid all or any part of the money of the Corporation or of a wholly-owned subsidiary of the Corporation to the Receiver General to be paid into the Consolidated Revenue Fund and credited to a special account in the accounts of Canada in the name of the Corporation or subsidiary, and the Receiver General, subject to such terms and conditions as the Minister of Finance may prescribe, may pay out, for the purposes of the Corporation or subsidiary, or repay to the Corporation or subsidiary, all or any part of the money credited to the special account.

  • Marginal note:Interest

    (2) Interest may be paid in respect of money credited to a special account pursuant to subsection (1), in accordance with and at rates fixed by the Minister of Finance with the approval of the Governor in Council.

Marginal note:Payment over surplus money

 Subject to any other Act of Parliament, where the Minister and the Minister of Finance, with the approval of the Governor in Council, so direct, the 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 those Ministers consider to be in excess of the amount that is 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.

  •  (1) to (6) [Repealed, 2005, c. 30, s. 41]

  • Marginal note:Reports to Minister

    (7) The Board shall make to the Minister such reports of the financial affairs of the Corporation as the Minister requires.

  • 1991, c. 11, s. 60;
  • 2005, c. 30, s. 41.
Marginal note:Auditor of the Corporation

 The Auditor General of Canada is the auditor of the Corporation.

 [Repealed, 2005, c. 30, s. 42]

 [Repealed, 2005, c. 30, s. 42]

 [Repealed, 2005, c. 30, s. 42]

 [Repealed, 2005, c. 30, s. 42]

 [Repealed, 2005, c. 30, s. 42]