First Nations Financial Transparency Act (S.C. 2013, c 7).
Resource information
Date of publication
december 2012
Resource Language
ISBN / Resource ID
LEX-FAOC170075
License of the resource
Copyright details
© FAO. FAO is committed to making its content freely available and encourages the use, reproduction and dissemination of the text, multimedia and data presented. Except where otherwise indicated, content may be copied, printed and downloaded for private study, research and teaching purposes, and for use in non-commercial products or services, provided that appropriate acknowledgement of FAO as the source and copyright holder is given and that FAO's endorsement of users' views, products or services is not stated or implied in any way.
The present Act requires that 581 First Nations, defined as an Indian band under the Indian Act, make their audited consolidated financial statements and a Schedule of Remuneration and Expenses of chief and council available to their members as well as publish it on a website. These financial documents include: audited consolidated financial statements the Schedule of Remuneration and Expenses the auditor's written report respecting the consolidated financial statements the auditor's report or the review engagement report, as the case may be, respecting the Schedule of Remuneration and Expenses. The text consists of 13 sections.
Implements: Indian Act (R.S.C. 1985, c. I-5). (2015-04-02)