Financial Administration Act

Marginal note:Report on debt management

• 49 (1) After the Public Accounts are tabled in the House of Commons, the Minister shall cause to be tabled in each House of Parliament, within the first 30 days on which that House is sitting after the Public Accounts are tabled in the House of Commons, a report on the activities of the Minister in relation to the following:

  • (a) the money borrowed in the fiscal year to which the Public Accounts relate;

  • (a.1) the money that is borrowed under an order made under paragraph 46.1(c) of the Financial Administration Act, other than that borrowed under such an order made during the period beginning on March 23, 2021 and ending on May 6, 2021, and that is due at the end of the fiscal year to which the Public Accounts relate; and

  • (a.2) [Repealed, 2021, c. 7, s. 19]

  • (b) the management of the public debt in the fiscal year to which the Public Accounts relate.

• Marginal note:Report on Minister’s plans

  (2) The Minister shall cause to be tabled in each House of Parliament for every fiscal year, not later than the 30th day on which that House is sitting after the start of the fiscal year to which the report relates, a report on the Minister’s plans in relation to the following:

  • (a) the money to be borrowed in that fiscal year and the purposes for which the moneys will be borrowed; and

  • (b) the management of the public debt in that fiscal year.