First Nations Financial Transparency Act (S.C. 2013, c. 7)

Marginal note:Copies — members

• 7 (1) A First Nation must, on the request of any of its members, provide the member with copies of any of the following documents:

  • (a) its audited consolidated financial statements;

  • (b) the Schedule of Remuneration and Expenses;

  • (c) the auditor’s written report respecting the consolidated financial statements; and

  • (d) the auditor’s report or the review engagement report, as the case may be, respecting the Schedule of Remuneration and Expenses.

• Marginal note:Time limit

  (2) The First Nation must provide the copies without delay, but has until 120 days after the end of the financial year in question to provide them if the request is received within those 120 days.

• Marginal note:Fee

  (3) A First Nation may charge a fee for providing the copies, but the fee must not exceed the cost of the service.