Naskapi and the Cree-Naskapi Commission Act
Marginal note:Fiscal year of band
89 (1) The fiscal year of the band begins on April 1 of each year and ends on March 31 of the following year, unless otherwise provided by by-law made pursuant to subsection (2).
Marginal note:By-law changing fiscal year
(2) The band may, by by-law,
(a) adopt a fiscal year different from that provided for in subsection (1); or
(b) where the band has adopted a different fiscal year pursuant to paragraph (a), revert to the fiscal year provided for in subsection (1).
Marginal note:Transition between old and new fiscal years
(3) Where a by-law is made under subsection (2), the fiscal year provided for in the by-law cannot commence until after the end of the fiscal year in which the by-law came into force.
(4) Where a by-law is made under subsection (2), the period between the end of the fiscal year in which the by-law came into force and the commencement of the fiscal year provided for in the by-law shall be deemed to be a separate fiscal year for the purposes of this Part.
- 1984, c. 18, s. 89
- 2018, c. 4, s. 122(E)
- Date modified: