PART VPUBLIC PROPERTY
Marginal note:Transfers, etc., of public property
61. (1) Subject to any other Act of Parliament, no transfer, lease or loan of public property shall be made except under the Federal Real Property and Federal Immovables Act in the case of federal real property or a federal immovable as defined in that Act, or under subsection (2) in the case of other public property.
(2) The Governor in Council, on the recommendation of the Treasury Board, may authorize or make regulations authorizing the transfer, lease or loan of public property other than federal real property and federal immovables as defined in the Federal Real Property and Federal Immovables Act.
- R.S., 1985, c. F-11, s. 61;
- 1991, c. 50, s. 27;
- 2001, c. 4, s. 160;
- 2015, c. 3, s. 93(F).
Marginal note:Management of public property
62. The deputy head of every department shall maintain adequate records in relation to public property for which the department is responsible and shall comply with regulations of the Treasury Board governing the custody and control of public property.
- R.S., c. F-10, s. 53.
PART VIPUBLIC ACCOUNTS
Marginal note:Accounts of Canada
63. (1) Subject to regulations of the Treasury Board, the Receiver General shall cause accounts to be kept in such manner as to show
(a) the expenditures made under each appropriation;
(b) the revenues of Canada; and
(c) the other payments into and out of the Consolidated Revenue Fund.
Marginal note:Assets and liabilities
(2) The Receiver General shall cause accounts to be kept to show such of the assets and direct and contingent liabilities of Canada and shall establish such reserves with respect to the assets and liabilities as, in the opinion of the President of the Treasury Board and the Minister, are required to present fairly the financial position of Canada.
Marginal note:Accounts in Canadian currency
(3) The accounts of Canada shall be kept in the currency of Canada.
- R.S., 1985, c. F-11, s. 63;
- 1999, c. 31, s. 111(F).
Marginal note:Submission of Public Accounts to Parliament
64. (1) A report, called the Public Accounts, shall be prepared by the Receiver General for each fiscal year and shall be laid before the House of Commons by the President of the Treasury Board on or before December 31 next following the end of that fiscal year or, if the House of Commons is not then sitting, on any of the first fifteen days next thereafter that the House of Commons is sitting.
Marginal note:Contents of Public Accounts
(2) The Public Accounts shall be in such form as the President of the Treasury Board and the Minister may direct, and shall include
(a) a statement of
(i) the financial transactions of the fiscal year,
(ii) the expenditures and revenues of Canada for the fiscal year, and
(iii) such of the assets and liabilities of Canada as, in the opinion of the President of the Treasury Board and the Minister, are required to show the financial position of Canada as at the termination of the fiscal year;
(b) the contingent liabilities of Canada;
(c) the opinion of the Auditor General of Canada as required under section 6 of the Auditor General Act; and
(d) such other accounts and information relating to the fiscal year as are deemed necessary by the President of the Treasury Board and the Minister to present fairly the financial transactions and the financial position of Canada or as are required by this Act or any other Act of Parliament to be shown in the Public Accounts.
- R.S., 1985, c. F-11, s. 64;
- 1999, c. 31, s. 112(F).
- Date modified: