Acts and Regulations

2011, c.160 - Financial Administration Act

Section 17
Disposition versions

Full text
Public money
17(1)All public money shall be deposited to the credit of the Province in those banks, trust companies or credit unions that may be designated by the Minister.
17(2)The Minister shall not designate a bank or trust company for the purposes of subsection (1) unless the bank or trust company is a member of the Canadian Payments Association under the Canadian Payments Act (Canada).
17(3)The Minister shall not designate a credit union for the purposes of subsection (1) unless the credit union is a member of a federation that is a member of the Canadian Payments Association under the Canadian Payments Act (Canada).
17(4)Every person who collects or receives public money shall do the following in the manner prescribed by regulation:
(a) deposit that public money to the credit of the Province; and
(b) keep a record of receipts and deposits.
R.S.1973, c.F-11, s.23; 1979, c.23, s.3; 1993, c.4, s.1; 2012, c.39, s.67; 2012, c.52, s.22; 2016, c.37, s.70; 2019, c.29, s.59
Public money
17(1)All public money shall be deposited to the credit of the Province in those banks, trust companies or credit unions that may be designated by the Minister of Finance.
17(2)The Minister of Finance shall not designate a bank or trust company for the purposes of subsection (1) unless the bank or trust company is a member of the Canadian Payments Association under the Canadian Payments Act (Canada).
17(3)The Minister of Finance shall not designate a credit union for the purposes of subsection (1) unless the credit union is a member of a federation that is a member of the Canadian Payments Association under the Canadian Payments Act (Canada).
17(4)Every person who collects or receives public money shall do the following in the manner prescribed by regulation:
(a) deposit that public money to the credit of the Province; and
(b) keep a record of receipts and deposits.
R.S.1973, c.F-11, s.23; 1979, c.23, s.3; 1993, c.4, s.1; 2012, c.39, s.67; 2012, c.52, s.22; 2016, c.37, s.70
Public money
17(1)All public money shall be deposited to the credit of the Province in those banks, trust companies or credit unions that may be designated by the Minister.
17(2)The Minister shall not designate a bank or trust company for the purposes of subsection (1) unless the bank or trust company is a member of the Canadian Payments Association under the Canadian Payments Act (Canada).
17(3)The Minister shall not designate a credit union for the purposes of subsection (1) unless the credit union is a member of a federation that is a member of the Canadian Payments Association under the Canadian Payments Act (Canada).
17(4)Every person who collects or receives public money shall do the following in the manner prescribed by regulation:
(a) deposit that public money to the credit of the Province; and
(b) keep a record of receipts and deposits.
R.S.1973, c.F-11, s.23; 1979, c.23, s.3; 1993, c.4, s.1; 2012, c.39, s.67; 2012, c.52, s.22
Public money
17(1)All public money shall be deposited to the credit of the Province in those banks, trust companies or credit unions that may be designated by the Minister.
17(2)The Minister shall not designate a bank or trust company for the purposes of subsection (1) unless the bank or trust company is a member of the Canadian Payments Association under the Canadian Payments Act (Canada).
17(3)The Minister shall not designate a credit union for the purposes of subsection (1) unless the credit union is a member of a federation that is a member of the Canadian Payments Association under the Canadian Payments Act (Canada).
17(4)Every person who collects or receives public money shall do the following in the manner prescribed by regulation:
(a) deposit that public money to the credit of the Province; and
(b) keep a record of receipts and deposits.
R.S.1973, c.F-11, s.23; 1979, c.23, s.3; 1993, c.4, s.1; 2012, c.39, s.67; 2012, c.52, s.22
Public money
17(1)All public money shall be deposited to the credit of the Province in those banks, trust companies or credit unions that may be designated by the Minister of Finance.
17(2)The Minister shall not designate a bank or trust company for the purposes of subsection (1) unless the bank or trust company is a member of the Canadian Payments Association under the Canadian Payments Act (Canada).
17(3)The Minister shall not designate a credit union for the purposes of subsection (1) unless the credit union is a member of a federation that is a member of the Canadian Payments Association under the Canadian Payments Act (Canada).
17(4)Every person who collects or receives public money shall do the following in the manner prescribed by regulation:
(a) deposit that public money to the credit of the Province; and
(b) keep a record of receipts and deposits.
R.S.1973, c.F-11, s.23; 1979, c.23, s.3; 1993, c.4, s.1; 2012, c.39, s.67
Public money
17(1)All public money shall be deposited to the credit of the Province in those banks, trust companies or credit unions that may be designated by the Minister.
17(2)The Minister shall not designate a bank or trust company for the purposes of subsection (1) unless the bank or trust company is a member of the Canadian Payments Association under the Canadian Payments Act (Canada).
17(3)The Minister shall not designate a credit union for the purposes of subsection (1) unless the credit union is a member of a federation that is a member of the Canadian Payments Association under the Canadian Payments Act (Canada).
17(4)Every person who collects or receives public money shall do the following in the manner prescribed by regulation:
(a) deposit that public money to the credit of the Province; and
(b) keep a record of receipts and deposits.
R.S.1973, c.F-11, s.23; 1979, c.23, s.3; 1993, c.4, s.1