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Naskapi and the Cree-Naskapi Commission Act

Version of section 91 from 2002-12-31 to 2010-01-31:


Marginal note:Books of account and financial records

  •  (1) A band shall keep books of account and financial records that

    • (a) contain, as a minimum,

      • (i) an account of all moneys received and disbursed,

      • (ii) an account of revenues and expenditures,

      • (iii) a record of accounts payable and receivable,

      • (iv) an account of assets and liabilities, and

      • (v) an account of all other transactions that may affect the financial position of the band;

    • (b) conform with generally accepted accounting principles; and

    • (c) permit a comparison between

      • (i) revenues and expenditures as shown in the books of account and financial records, and

      • (ii) the projected revenues and expenditures as shown in the budget and any supplementary budget.

  • Marginal note:Access to books and records

    (2) The Minister, a council member or elector of a band, or any person authorized in writing by the Minister or by a council member or elector may, at any reasonable time, inspect the books of account and financial records of the band, and any person who

    • (a) obstructs such person, or

    • (b) having control or possession of such books or records, fails to give all reasonable assistance to such person

    is guilty of an offence.


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