Acts and Regulations

2014, c.48 - Combat Sport Act

Section 16
Disposition versions

Full text
Banking
16(1)The Commission shall manage and control accounts in its name in a bank, trust company or credit union designated by the Minister of Finance and Treasury Board for the purposes of subsection 17(1) of the Financial Administration Act.
16(2)Despite the Financial Administration Act, all money received by the Commission through the conduct of its operations or otherwise is to be deposited to the credit of the accounts established under subsection (1) and shall be administered by the Commission exclusively in the exercise and performance of its powers, duties and functions.
2019, c.29, s.28
Banking
16(1)The Commission shall manage and control accounts in its name in a bank, trust company or credit union designated by the Minister of Finance for the purposes of subsection 17(1) of the Financial Administration Act.
16(2)Despite the Financial Administration Act, all money received by the Commission through the conduct of its operations or otherwise is to be deposited to the credit of the accounts established under subsection (1) and shall be administered by the Commission exclusively in the exercise and performance of its powers, duties and functions.
Banking
16(1)The Commission shall manage and control accounts in its name in a bank, trust company or credit union designated by the Minister of Finance for the purposes of subsection 17(1) of the Financial Administration Act.
16(2)Despite the Financial Administration Act, all money received by the Commission through the conduct of its operations or otherwise is to be deposited to the credit of the accounts established under subsection (1) and shall be administered by the Commission exclusively in the exercise and performance of its powers, duties and functions.