Marginal note:Consideration

83. Despite the Financial Administration Act, the amount of the rent or other consideration charged for the lease or easement of Agency real property, or the lease of or servitude over Agency immovables or a licence in respect of Agency real property or Agency immovables may be less than, equal to or more than the costs borne by Her Majesty in right of Canada in relation to the property.

Marginal note:Federal Real Property and Federal Immovables Act not applicable

• 84. (1) Subject to subsections (2) and (3), the Federal Real Property and Federal Immovables Act does not apply to the Agency.

• Marginal note:Sections that apply to Agency

  (2) Sections 8 and 9, subsection 11(2) and sections 12, 13 and 14 of the Federal Real Property and Federal Immovables Act apply to the Agency and any reference in those provisions to

  • (a) federal real property is to be read as a reference to Agency real property;

  • (b) federal immovables is to be read as a reference to Agency immovables; and

  • (c) an instrument or act referred to in paragraph 5(1)(b) of that Act is to be read as a reference to an instrument or act referred to in paragraph 78(1)(b) of this Act.

• Marginal note:Par. 16(2)(g) of the Federal Real Property and Federal Immovables Act applies

  (3) Paragraph 16(2)(g) of the Federal Real Property and Federal Immovables Act applies to the Agency as if it were an agent corporation within the meaning of that Act.

Marginal note:Other provisions inapplicable

85. Section 61 of the Financial Administration Act and the Surplus Crown Assets Act do not apply to the Agency.

Marginal note:Expropriation

86. For the purposes of the Expropriation Act, the Minister is deemed to be a minister referred to in paragraph (b) of the definition “Minister” in section 2 of that Act and the Agency is deemed to be a department named in Schedule I to the Financial Administration Act.

Marginal note:Audits and assessments

87. The Auditor General of Canada is the auditor for the Agency and must

• (a) annually audit and provide an opinion to the Agency and the Minister on the financial statements of the Agency;

• (b) periodically assess, on any basis that the Auditor General determines to be reasonable, the fairness and reliability of the information about the Agency’s performance included in its annual report; and

• (c) provide the Minister, the Commissioner and the Board with copies of reports of audits and assessments carried out under this section.