Currency Act

Version of section 20 from 2002-12-31 to 2005-12-29:


Marginal note:Net income credited to C.R.F.

  •  (1) Within three months after the end of each calendar year, the amount of the net income of the Exchange Fund Account for the calendar year, expressed in dollars, shall be paid into the Consolidated Revenue Fund, where the net income for the year is a positive amount, or be charged to that Fund, where the net income for the year is a negative amount.

  • Marginal note:Consistency with Public Accounts

    (2) The net income of the Exchange Fund Account for a calendar year shall be determined in accordance with accounting principles that are consistent with those applied in preparing the Public Accounts referred to in section 64 of the Financial Administration Act.

  • R.S., 1985, c. C-52, s. 20
  • R.S., 1985, c. 3 (4th Supp.), s. 1
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