Acts and Regulations

P-9.3 - Political Process Financing Act

Section 30
Disposition versions

Full text
Remittance of assets
30(1)If a registered political party, registered district association or registered independent candidate ceases to be registered under the Elections Act, all assets still held by or on behalf of it or him at the time of the cessation of registration shall be remitted forthwith to the Supervisor.
30(2)All money remitted to the Supervisor pursuant to subsection (1) and all money realized under subsection (3) shall be applied by him, pro rata, to the just debts of the political party, district association or independent candidate that has ceased to be registered and the balance, if any, shall be transferred to the Minister of Finance and Treasury Board to be paid into the Consolidated Fund.
30(3)All property, other than money, remitted to the Supervisor pursuant to subsection (1) shall be converted to money by the Supervisor in any manner that he or she considers appropriate.
30(3.1)Where the assets remitted to the Supervisor includes accounts receivable owed to a formerly registered district association by a registered political party, the Supervisor may retain by way of reduction or set-off the amount of indebtedness out of the annual allowance payable to that registered political party.
30(3.2)Where the assets remitted to the Supervisor includes accounts receivable owed to a formerly registered district association by a person or an association, the Supervisor may commence an action for the recovery of the amount owing.
30(3.3)In any action under subsection (3.2) a certificate signed or purporting to be signed by the Supervisor shall be accepted by all courts
(a) as conclusive proof of the office, authority and signature of the Supervisor, without proof of the appointment, authority or signature of the Supervisor, and
(b) as prima facie proof that the amount stated in the certificate is the amount owing by the person or association.
30(4)For the purpose of holding money remitted and realized under this section and for the payment of debts therefrom, the Supervisor may open accounts in chartered banks, trust companies or credit unions having a place of business in the Province and designate in writing at least two persons chosen from among the members of his staff to draw cheques or other orders of payment on those accounts.
1994, c.53, s.2; 2013, c.32, s.31; 2019, c.29, s.118
Remittance of assets
30(1)If a registered political party, registered district association or registered independent candidate ceases to be registered under the Elections Act, all assets still held by or on behalf of it or him at the time of the cessation of registration shall be remitted forthwith to the Supervisor.
30(2)All money remitted to the Supervisor pursuant to subsection (1) and all money realized under subsection (3) shall be applied by him, pro rata, to the just debts of the political party, district association or independent candidate that has ceased to be registered and the balance, if any, shall be transferred to the Minister of Finance to be paid into the Consolidated Fund.
30(3)All property, other than money, remitted to the Supervisor pursuant to subsection (1) shall be converted to money by the Supervisor in any manner that he or she considers appropriate.
30(3.1)Where the assets remitted to the Supervisor includes accounts receivable owed to a formerly registered district association by a registered political party, the Supervisor may retain by way of reduction or set-off the amount of indebtedness out of the annual allowance payable to that registered political party.
30(3.2)Where the assets remitted to the Supervisor includes accounts receivable owed to a formerly registered district association by a person or an association, the Supervisor may commence an action for the recovery of the amount owing.
30(3.3)In any action under subsection (3.2) a certificate signed or purporting to be signed by the Supervisor shall be accepted by all courts
(a) as conclusive proof of the office, authority and signature of the Supervisor, without proof of the appointment, authority or signature of the Supervisor, and
(b) as prima facie proof that the amount stated in the certificate is the amount owing by the person or association.
30(4)For the purpose of holding money remitted and realized under this section and for the payment of debts therefrom, the Supervisor may open accounts in chartered banks, trust companies or credit unions having a place of business in the Province and designate in writing at least two persons chosen from among the members of his staff to draw cheques or other orders of payment on those accounts.
1994, c.53, s.2; 2013, c.32, s.31
Remittance of assets
30(1)If a registered political party, registered district association or registered independent candidate ceases to be registered under the Elections Act, all assets still held by or on behalf of it or him at the time of the cessation of registration shall be remitted forthwith to the Supervisor.
30(2)All money remitted to the Supervisor pursuant to subsection (1) and all money realized under subsection (3) shall be applied by him, pro rata, to the just debts of the political party, district association or independent candidate that has ceased to be registered and the balance, if any, shall be transferred to the Minister of Finance to be paid into the Consolidated Fund.
30(3)All property, other than money, remitted to the Supervisor pursuant to subsection (1) shall be converted to money following the procedure established for executions under the Memorials and Executions Act.
30(3.1)Where the assets remitted to the Supervisor includes accounts receivable owed to a formerly registered district association by a registered political party, the Supervisor may retain by way of reduction or set-off the amount of indebtedness out of the annual allowance payable to that registered political party.
30(3.2)Where the assets remitted to the Supervisor includes accounts receivable owed to a formerly registered district association by a person or an association, the Supervisor may commence an action for the recovery of the amount owing.
30(3.3)In any action under subsection (3.2) a certificate signed or purporting to be signed by the Supervisor shall be accepted by all courts
(a) as conclusive proof of the office, authority and signature of the Supervisor, without proof of the appointment, authority or signature of the Supervisor, and
(b) as prima facie proof that the amount stated in the certificate is the amount owing by the person or association.
30(4)For the purpose of holding money remitted and realized under this section and for the payment of debts therefrom, the Supervisor may open accounts in chartered banks, trust companies or credit unions having a place of business in the Province and designate in writing at least two persons chosen from among the members of his staff to draw cheques or other orders of payment on those accounts.
1994, c.53, s.2