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Acts and Regulations
2000-63
- Funding of Safety Associations
Section 7
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In force date
2015-01-06
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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.
2002-12-31
Show full text at this date
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.
0
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