First Nations Fiscal Management Act

Marginal note:Regulations

89 The Governor in Council may, on the recommendation of the Minister after consultation by the Minister with the Authority, make regulations

• (a) prescribing anything that is to be prescribed under subsection 82(1) and paragraphs 85(3)(c) and (4)(b) and 87(2)(f);

• (b) fixing a percentage in respect of an amount to be withheld from a loan under subsection 84(2), which may be a higher or lower percentage than the percentage set out in that subsection and may vary according to whether the loan is secured by property tax revenues or by other revenues; and

• (c) respecting the imposition of charges under subsection 84(5), including the manner of calculating those charges and the share of those charges to be paid by each borrowing member.

• (d) [Repealed, 2018, c. 27, s. 407]