Financial Administration Act (R.S.C., 1985, c. F-11)

Marginal note:Submission of Public Accounts to Parliament

• 64 (1) A report, called the Public Accounts, shall be prepared by the Receiver General for each fiscal year and shall be laid before the House of Commons by the President of the Treasury Board on or before December 31 next following the end of that fiscal year or, if the House of Commons is not then sitting, on any of the first fifteen days next thereafter that the House of Commons is sitting.

• Marginal note:Contents of Public Accounts

  (2) The Public Accounts shall be in such form as the President of the Treasury Board and the Minister may direct, and shall include

  • (a) a statement of

    • (i) the financial transactions of the fiscal year,

    • (ii) the expenditures and revenues of Canada for the fiscal year, and

    • (iii) such of the assets and liabilities of Canada as, in the opinion of the President of the Treasury Board and the Minister, are required to show the financial position of Canada as at the termination of the fiscal year;

  • (b) the contingent liabilities of Canada;

  • (c) the opinion of the Auditor General of Canada as required under section 6 of the Auditor General Act; and

  • (d) such other accounts and information relating to the fiscal year as are deemed necessary by the President of the Treasury Board and the Minister to present fairly the financial transactions and the financial position of Canada or as are required by this Act or any other Act of Parliament to be shown in the Public Accounts.