First Nations Fiscal Management Act
Marginal note:Annual rate and expenditure laws
10 A council of a first nation that makes a property taxation law shall, at least once each year at a time prescribed by regulation, make
(a) a law under paragraph 5(1)(a) setting the rate of tax to be applied to the assessed value of each class of lands, interests or rights; and
(b) a law under paragraph 5(1)(b) establishing a budget for the expenditure of revenues raised under the property taxation law.
- Date modified: