Acts and Regulations

2000-63 - Funding of Safety Associations

Section 7
Disposition versions

Full text
Reporting requirements
7(1)A safety association that receives financial assistance under section 79.2 of the Act shall provide the following to the Commission:
(a) a half-yearly financial report showing
(i) budgeted expenses and actual expenses,
(ii) an explanation of any major variance of actual expenses from budgeted expenses, and
(iii) any additional revenues received with restrictions or co-funding requirements; and
(b) an independently audited financial statement of the association for the previous year’s operations.
7(2)A report under paragraph (1)(a) shall be provided within sixty days after the end of each half-year.
7(3)A statement under paragraph (1)(b) shall be provided no later than thirtieth day of June following the year to which the statement relates.
Reporting requirements
7(1)A safety association that receives financial assistance under section 79.2 of the Act shall provide the following to the Commission:
(a) a half-yearly financial report showing
(i) budgeted expenses and actual expenses,
(ii) an explanation of any major variance of actual expenses from budgeted expenses, and
(iii) any additional revenues received with restrictions or co-funding requirements; and
(b) an independently audited financial statement of the association for the previous year’s operations.
7(2)A report under paragraph (1)(a) shall be provided within sixty days after the end of each half-year.
7(3)A statement under paragraph (1)(b) shall be provided no later than thirtieth day of June following the year to which the statement relates.