Contracts with the Province
32(1)No contract is to be made by which money is to be paid during the fiscal year in which the contract is made unless there is a sufficient unencumbered balance in the applicable appropriation.
32(2)Every contract made by the Province after the commencement of this section that provides for the payment of public money is deemed to contain the following term:
No payment is to be made by the Province under this contract in any fiscal year unless an appropriation against which the payment is to be charged is made in that fiscal year.
32(3)The Minister of a department or any person designated by that Minister shall ensure that all contracts under the administration and control of that Minister and involving the payment of public money are retained.
32(4)The provisions of subsections (1) and (2) do not apply to a guarantee made, a contract of indemnity entered into or bonds, debentures, notes or other securities issued by the Province or an agency of the Province.
R.S.1973, c.F-11, s.38; 2000, c.15, s.1