2(1)Where a department requests that an asset be deleted under subsection 23(1) or (2) of the Financial Administration Act, the department shall send to the Office of the Comptroller a Memorandum to the Treasury Board, in the case of an asset to be deleted under subsection 23(1), or a request in writing to the Secretary to the Board, in the case of an asset to be deleted under subsection 23(2).

2(2)A Memorandum to the Treasury Board or a request to the Secretary to the Board under subsection (1) shall contain the following information:

2(3)After receiving a Memorandum to the Treasury Board referred to in subsection (1), the Office of the Comptroller shall send it to the Board together with the Comptroller’s recommendation.

2(4)After receiving a request to the Secretary to the Board referred to in subsection (1), the Office of the Comptroller shall send it to the Secretary to the Board together with the Comptroller’s recommendation.

2(5)Where the Board or the Secretary to the Board, as the case may be, is satisfied that the deletion is appropriate, the Board or the Secretary may direct that the asset be deleted either in whole or in part from the accounts of the Province.

2(6)Before deleting any asset, the Office of the Comptroller, the Board or the Secretary to the Board may require such further information as is considered necessary in order to make a decision.

5(1)Where any property that is to be disposed of under the Act is unserviceable, redundant, worn out or no longer required, the Minister or Deputy Head of the department seeking the disposal shall transfer such property to the Minister of Transportation and Infrastructure for disposal.

5(2)Before the disposal of any property referred to in subsection (1) that is valued in excess of five thousand dollars, the Minister of Transportation and Infrastructure shall obtain the approval of the Treasury Board.

5(3)Where the disposal of any property referred to in subsection (1) that is valued in excess of five thousand dollars occurs through incorrect valuation, the Treasury Board may ratify such action on behalf of the Minister of Transportation and Infrastructure.

5(4)The approval under subsection (2) or the ratification under subsection (3) shall be evidenced by a Treasury Board minute.

5(5)The Minister of Transportation and Infrastructure shall distribute lists of property referred to in subsection (1) to departments and may dispose of property to such departments by transfer at book value plus the cost of transportation.

5(6)Notwithstanding subsection (5), the Minister of Transportation and Infrastructure may dispose of property referred to in subsection (1) by transfer at cost, appraised or book value or a nominal sum to a charitable, religious or non-profit organization, a local government, a government of another province or territory, the government of Canada or a corporation or agency in which the Province has a majority interest.

5(7)Where property referred to in subsection (1) has not been disposed of under subsection (5) or (6), the Minister of Transportation and Infrastructure shall dispose of such property

5(8)All money realized from the disposal of property under this section shall be credited

5(9)The Minister of Transportation and Infrastructure shall maintain adequate records of each transaction relating to the disposal of property under this section, including where appropriate

6(1)Notwithstanding subsection 5(1), where any property that is to be disposed of under the Act is unserviceable, redundant, worn out or no longer required and has a cumulative value of less than one thousand dollars, the Minister of Transportation and Infrastructure may authorize the Minister of the department seeking the disposal to dispose of such property.

6(2)Before making an authorization under subsection (1), the Minister of Transportation and Infrastructure shall be satisfied as to the value of the property to be disposed of.

6(3)The Minister authorized under subsection (1) shall dispose of property referred to in subsection (1)

6(4)Subsections 5(8) and (9) apply with the necessary modifications to the disposal of property referred to in subsection (1) by the Minister authorized under subsection (1).

6.1(1)In this section

6.1(2)Notwithstanding any other provision of this Regulation, if a member of the Legislative Assembly resigns or, after dissolution or ending of the Legislative Assembly, is not re-elected for any reason as a member of the Legislative Assembly in the next following provincial general election, the Clerk of the Legislative Assembly may dispose of the constituency office assets that were paid for out of that former member’s constituency office allowance by selling them to that former member at book value.

7(1)Notwithstanding sections 5 and 6, the Deputy Head of an organization not having specific statutory disposal authority, may dispose of personal property by way of a practice known as trade-in.

7(2)Trade-in of personal property shall be transacted by the Department of Transportation and Infrastructure.

7.2(1)A Deputy Head who has been assigned a government vehicle and who receives an immediate pension under section 3 of the Special Retirement Program Act may purchase that vehicle from the Province at the current book value or two thousand dollars, whichever is greater.

7.2(2)A Deputy Head may purchase a government vehicle from the Province at the current book value or two thousand dollars, whichever is greater, if

7.2(3)A Deputy Head who has been assigned a government vehicle may, within thirty days after ceasing to be a Deputy Head, purchase that vehicle from the Province at the current book value or two thousand dollars, whichever is greater.

7.2(4)A member or former member of the Executive Council who has been assigned a government vehicle may, within thirty days after ceasing to be a member of the Executive Council, purchase that vehicle from the Province at the current book value or two thousand dollars, whichever is greater.

7.2(5)A Speaker of the Legislative Assembly who has been assigned a government vehicle may, after ceasing to be Speaker and on the approval of the Treasury Board, purchase that vehicle from the Province at the current book value or two thousand dollars, whichever is greater.

7.3(1)Subject to subsection (2), the Minister or Deputy Head of a department may, with the approval of the Minister of Transportation and Infrastructure, lease or lend any personal property of the Province that is under the administration and control of the Minister, but is temporarily not required, to any local government, any charitable, religious or non-profit organization or any person outside government.

7.3(2)The Minister of the department referred to in subsection (1) shall obtain the approval of the Treasury Board before leasing or lending any personal property that is valued in excess of five thousand dollars.

7.3(3)Where the lease or loan of any personal property that is valued in excess of five thousand dollars occurs through incorrect valuation, the Treasury Board may ratify such action on behalf of the Minister of the department referred to in subsection (1).

7.3(4)An approval under subsection (2) or a ratification under subsection (3) shall be evidenced by a Treasury Board minute.

7.3(5)The Minister of the department referred to in subsection (1) shall ensure that the personal property is returned to the department at the termination of the lease or loan.

7.3(6)All money realized from the lease or loan of surplus personal property of the Province shall be deposited in the Consolidated Fund.

7.3(7)Notwithstanding subsection (6), a special operating agency may retain money realized from the lease or loan of surplus personal property if the retention is provided for in its business plan and its business plan is approved by the Treasury Board.

8(1)When ordered by the Treasury Board, the Minister shall pay out of the Consolidated Fund interest on money paid to the Province for a special purpose and deposited to the credit of the Consolidated Fund if the money has been credited to the account of the Consolidated Fund for a period of more than six months.

8(2)The interest on money referred to in subsection (1) shall

8(3)Notwithstanding subsection (2), the interest on money paid to the Province for a special purpose and deposited to the credit of the Consolidated Fund under the Crown Construction Contracts Act before the commencement of this section shall be three per cent per year.

8(4)Notwithstanding paragraph (2)(c), the interest on money paid to the Province for the purpose of financing the cost of services provided by the Province to operate and maintain Strait Crossing Finance Inc. and deposited to the credit of the Consolidated Fund shall be eight per cent per year.