M-11.5 - Act respecting transparency measures in the mining, oil and gas industries

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6. Entities subject to this Act must, not later than the 150th day following the end of their fiscal year, provide the Autorité des marchés financiers (Authority) with a statement declaring all payments within a category of payment listed in the definition of “payment” in section 3 that are made to the same payee in that fiscal year, if the total value of those payments is equal to or greater than $100,000.
The statement must be accompanied by a certificate made by one of the entity’s directors or officers, or by an independent auditor, attesting that the information in the statement is true, accurate and complete.
The Government determines, by regulation, the form of the statement, including the manner in which the payments must be presented or broken down, for instance by project, and the procedure for sending the statement.
2015, c. 23, s. 6.