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A-6 - Financial Administration Act

Section 58
Disposition versions

Full text
58. (Replaced).
1970, c. 17, s. 58; 1987, c. 8, s. 3; 1999, c. 9, s. 8; 2000, c. 8, s. 96; 2000, c. 15, s. 166.
58. In the four months following the close of a fiscal year or within such other shorter time as determined by the Government, the amounts required may be charged to an appropriation in order to discharge a debt payable for work carried out, goods received or services rendered before the close of that year under the terms of a contract; the amount charged shall be entered in the accounts for that year.
The excess of a government expenditure entered in the accounts for a fiscal year over the appropriations for the same year shall be charged to the appropriations allocated to that purpose by Parliament in the following fiscal year.
1970, c. 17, s. 58; 1987, c. 8, s. 3; 1999, c. 9, s. 8; 2000, c. 8, s. 96.
58. Every balance of an appropriation remaining unexpended at the close of a fiscal year shall lapse and shall be written off.
However, in the four months following the close of that fiscal year or within such other shorter time as determined by the Government, the amounts required may be charged to an appropriation in order to discharge a debt payable for work carried out, goods received or services rendered before the close of that year under the terms of a contract; the amount charged shall be entered in the accounts for that year.
The excess of a government expenditure entered in the accounts for a fiscal year over the appropriations for the same year shall be charged to the appropriations allocated to that purpose by Parliament in the following fiscal year.
1970, c. 17, s. 58; 1987, c. 8, s. 3; 1999, c. 9, s. 8.
58. Every balance of an appropriation remaining unexpended at the close of a fiscal year shall lapse and shall be written off.
However, in the four months following the close of that fiscal year, the amounts required may be charged to an appropriation in order to discharge a debt payable for work carried out, goods received or services rendered before the close of that year under the terms of a contract; the amount charged shall be entered in the accounts for that year.
The excess of a government expenditure entered in the accounts for a fiscal year over the appropriations for the same year shall be charged to the appropriations allocated to that purpose by Parliament in the following fiscal year.
1970, c. 17, s. 58; 1987, c. 8, s. 3.
58. Every balance of an appropriation remaining unexpended at the close of a fiscal year shall lapse and shall be written off.
However, during the thirty days following the close of the fiscal year, the amounts required may be charged to an appropriation in order to discharge a debt payable for work carried out, goods received or services rendered before the close of such year under the terms of a contract; the amount of the payment shall be entered in the accounts of such year.
1970, c. 17, s. 58.
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