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Federal-Provincial Fiscal Arrangements Act

Version of section 4.91 from 2005-03-10 to 2007-06-21:


Marginal note:Time and manner of payment

  •  (1) Subject to subsection (2), the Minister may pay to a territory the amount of any underpayment determined pursuant to the adjustment under section 4.7, and the amounts payable under sections 4.8 and 4.9, out of the Consolidated Revenue Fund at the times and in the manner that the Minister considers appropriate.

  • Marginal note:Underpayment

    (2) Where it is determined in respect of a territory that the Minister has underpaid any amounts referred to in subsection (1), the Minister may pay the territory an amount equal to the underpayment out of the Consolidated Revenue Fund.

  • Marginal note:Overpayment

    (3) Where it is determined pursuant to the adjustment under section 4.7 that the Minister has made an overpayment or where it is determined that an overpayment has been made in respect of any amounts paid under subsection (1) for a fiscal year, the Minister may recover the amount of that overpayment

    • (a) from any amount payable to the territory under this Act in the same fiscal year or as soon as possible after the end of that fiscal year; or

    • (b) from the territory as a debt due to Her Majesty in right of Canada.

  • 2005, c. 7, s. 1
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