Destruction of Paid Instruments Regulations, 1996 (SOR/97-238)

1 The definitions in this section apply in these Regulations.

Act

Act means the Financial Administration Act. (Loi)

medium

medium means a device that is designed for storing and archiving information and includes a magnetic tape, disk and diskette. (support)

paid instrument

paid instrument means a record after the amounts specified in the instructions have been paid or the claim has been settled. (effet payé)

record

record means

• (a) an original

  • (i) instruction for payment or instrument for settlement, or

  • (ii) claim for settlement; or

• (b) a medium that contains an original instruction or claim or that is used to store that instruction or claim. (registre)