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Currency Act

Version of section 20 from 2005-12-30 to 2024-05-01:


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

  •  (1) Within three months after the end of each fiscal year, the amount of the net income of the Exchange Fund Account for the fiscal year, expressed in dollars, shall be paid into the Consolidated Revenue Fund if the net income for the year is a positive amount, and shall be charged to that Fund if 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 fiscal year shall be determined in accordance with accounting principles 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
  • 2005, c. 30, s. 114

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