Acts and Regulations

P-9.3 - Political Process Financing Act

Section 57
Disposition versions

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Reimbursement for annual auditing expenses
57(1)The Supervisor shall authorize the reimbursement of a registered political party for its auditing expenses of up to $7,000 actually incurred by it in a calendar year for the purposes of complying with sections 51 to 56.
57(1.1)The amount referred to in subsection (1) shall be adjusted on January 1, 2018, and on January 1 of every succeeding year, by multiplying the amount by the ratio that the Consumer Price Index for the 12-month period ending on the 30th day of September before that year bears to the Consumer Price Index for the 12-month period that ended on September 30, 2017.
57(1.2)If an amount calculated under subsection (1.1) is not a multiple of one dollar when adjusted as provided in this section, it shall be rounded to the nearest multiple of one dollar or, if it is equidistant between two consecutive multiples, to the higher multiple.
57(1.3) In this section, the Consumer Price Index for Canada for any 12-month period is the result arrived at by
(a) aggregating the Consumer Price Index for Canada, as published by Statistics Canada under the authority of the Statistics Act (Canada) for each month of that period,
(b) dividing the aggregate obtained under paragraph (a) by 12, and
(c) rounding the result obtained under paragraph (b) to the nearest thousandth or, if the result obtained is equidistant between two consecutive thousandths, to the higher thousandth.
57(2)The reimbursement provided for in subsection (1) shall be paid out of the Consolidated Fund by the Minister of Finance and Treasury Board to the official representative of the party on receipt of a certificate signed by the Supervisor authorizing such payment.
57(3)The reimbursement provided for in subsection (1) shall be paid not earlier than April 1 in each year for the auditing expenses incurred in the preceding calendar year.
2009, c.55, s.13; 2017, c.28, s.26; 2019, c.29, s.118
Reimbursement for annual auditing expenses
57(1)The Supervisor shall authorize the reimbursement of a registered political party for its auditing expenses of up to $7,000 actually incurred by it in a calendar year for the purposes of complying with sections 51 to 56.
57(1.1)The amount referred to in subsection (1) shall be adjusted on January 1, 2018, and on January 1 of every succeeding year, by multiplying the amount by the ratio that the Consumer Price Index for the 12-month period ending on the 30th day of September before that year bears to the Consumer Price Index for the 12-month period that ended on September 30, 2017.
57(1.2)If an amount calculated under subsection (1.1) is not a multiple of one dollar when adjusted as provided in this section, it shall be rounded to the nearest multiple of one dollar or, if it is equidistant between two consecutive multiples, to the higher multiple.
57(1.3) In this section, the Consumer Price Index for Canada for any 12-month period is the result arrived at by
(a) aggregating the Consumer Price Index for Canada, as published by Statistics Canada under the authority of the Statistics Act (Canada) for each month of that period,
(b) dividing the aggregate obtained under paragraph (a) by 12, and
(c) rounding the result obtained under paragraph (b) to the nearest thousandth or, if the result obtained is equidistant between two consecutive thousandths, to the higher thousandth.
57(2)The reimbursement provided for in subsection (1) shall be paid out of the Consolidated Fund by the Minister of Finance to the official representative of the party on receipt of a certificate signed by the Supervisor authorizing such payment.
57(3)The reimbursement provided for in subsection (1) shall be paid not earlier than April 1 in each year for the auditing expenses incurred in the preceding calendar year.
2009, c.55, s.13; 2017, c.28, s.26
Reimbursement for annual auditing expenses
57(1)The Supervisor shall authorize the reimbursement of a registered political party for its auditing expenses of up to $2,000 actually incurred by it in a calendar year for the purposes of complying with sections 51 to 56.
57(2)The reimbursement provided for in subsection (1) shall be paid out of the Consolidated Fund by the Minister of Finance to the official representative of the party on receipt of a certificate signed by the Supervisor authorizing such payment.
57(3)The reimbursement provided for in subsection (1) shall be paid not earlier than April 1 in each year for the auditing expenses incurred in the preceding calendar year.
2009, c.55, s.13
Reimbursement for annual auditing expenses
57(1)The Supervisor shall over and above any annual allowance payable to the party, authorize the reimbursement of each registered political party for its annual auditing expenses of up to two thousand dollars actually incurred by it for the purposes of complying with sections 51 to 57.
57(2)The reimbursement provided for in subsection (1) shall be paid out of the Consolidated Fund by the Minister of Finance to the official representative of the party on receipt of a certificate signed by the Supervisor authorizing such payment.