Broadcasting Act (S.C. 1991, c. 11)

Marginal note:Receiver General account

• 58 (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

59 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.

• 60 (1) to (6) [Repealed, 2005, c. 30, s. 41]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

Marginal note:Auditor of the Corporation

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

62 [Repealed, 2005, c. 30, s. 42]

63 [Repealed, 2005, c. 30, s. 42]

64 [Repealed, 2005, c. 30, s. 42]

65 [Repealed, 2005, c. 30, s. 42]

66 [Repealed, 2005, c. 30, s. 42]

67 [Repealed, 2005, c. 30, s. 42]

68 [Repealed, 2005, c. 30, s. 42]

69 [Repealed, 2005, c. 30, s. 42]

Marginal note:Report on wholly-owned subsidiaries

70 The Corporation shall forthwith notify the Minister and the President of the Treasury Board of the name of any corporation that becomes or ceases to be a wholly-owned subsidiary of the Corporation.

Report to Parliament

Marginal note:Annual report

• 71 (1) The Corporation shall, as soon as possible after, but in any case within three months after, the end of each financial year, submit an annual report on the operations of the Corporation in that year concurrently to the Minister and to the President of the Treasury Board, and the Minister shall cause a copy of the report to be laid before each House of Parliament on any of the first fifteen days on which that House is sitting after the Minister receives it.

• Marginal note:Reference to committee

  (2) An annual report laid before a House of Parliament pursuant to subsection (1) stands permanently referred to such committee of that House or of both Houses of Parliament as may be designated or established to review matters relating to the business and activities of the Corporation.

• Marginal note:Form and contents

  (3) The annual report of the Corporation shall include

  • (a) the financial statements of the Corporation referred to in subsection 131(4) of the Financial Administration Act,

  • (b) the annual auditor’s report referred to in section 132 of the Financial Administration Act,

  • (c) a statement on the extent to which the Corporation has met its objectives for the financial year,

  • (d) quantitative information respecting the performance of the Corporation, including its wholly-owned subsidiaries, if any, relative to the Corporation’s objectives, and

  • (e) such other information in respect of the financial affairs of the Corporation as is required by this Part or by the Minister to be included therein,

  and shall be prepared in a form that clearly sets out information according to the major businesses or activities of the Corporation and its wholly-owned subsidiaries, if any.

PART IVRelated and Consequential Amendments, Repeal, Transitional and Coming into Force

Related and Consequential Amendments

72 to 88 [Amendments]

Repeal

89 [Repeal]

Transitional

Marginal note:Definitions

• 90 (1) In this section,

  Executive Committee

  Executive Committee means the Executive Committee of the Commission, as it existed on the day immediately before the coming into force of section 80; (bureau)

  former Act

  former Act means the Broadcasting Act, chapter B-9 of the Revised Statutes of Canada, 1985. (loi abrogée)

• Marginal note:Pending proceedings

  (2) Any proceedings pending before the Commission or Executive Committee on the day immediately before the coming into force of this subsection shall be taken up and continued before the Commission under and in conformity with this Act.

• Marginal note:Continuation of previous orders, etc.

  (3) Every decision, order, rule and regulation issued, rendered or made under the former Act by the Commission or Executive Committee that is in force on the coming into force of this subsection and that is not inconsistent with this Act or any other Act of Parliament shall be deemed to have been issued, rendered or made by the Commission under this Act.

• Marginal note:Continuation of directions

  (4) Every direction issued to the Commission by the Governor in Council under the former Act that is in force on the day immediately preceding the coming into force of this subsection and that is not inconsistent with this Act or any other Act of Parliament shall be deemed to have been issued by the Governor in Council under this Act.

• Marginal note:Continuation of licences

  (5) Every broadcasting licence authorizing the carrying on of a broadcasting undertaking issued under the former Act and in effect on the day immediately preceding the coming into force of this subsection shall continue in effect for the unexpired portion of its term as if it were a licence authorizing the carrying on of a broadcasting undertaking issued under this Act and may be amended, renewed, suspended or revoked in the manner provided in this Act.

Marginal note:Full-time members of Commission

• 91 (1) Every person holding office as Chairman, Vice-Chairman or full-time member of the Commission immediately before the coming into force of section 76 shall continue in office and be deemed to have been appointed under section 3 of the Canadian Radio-television and Telecommunications Commission Act, as amended by this Act, to hold office for the remainder of the term for which the person had been appointed before the coming into force of section 76.

• Marginal note:Part-time members of Commission

  (2) The part-time members of the Commission holding office immediately before the coming into force of section 76 shall cease to hold office on the coming into force of that section.

Marginal note:Directors of Corporation

92 Every person holding office as a director of the Corporation immediately before the coming into force of section 36 shall continue in office and be deemed to have been appointed under that section to hold office for the remainder of the term for which the person had been appointed before the coming into force of that section.

Coming into Force

Marginal note:Coming into force

Footnote ^*93 This Act or any provision thereof shall come into force on a day or days to be fixed by order of the Governor in Council.

• Return to footnote ^*[Note: Act in force June 4, 1991, see SI/91-86.]