An Act to provide for the financial administration of the Government of Canada, the establishment and maintenance of the accounts of Canada and the control of Crown corporations
Citation
R.S.C., 1985, c. F-11
Enacted by
Parliament of Canada
Royal assent
December 21, 1951
Commenced
October 1, 1952
Legislative history
Introduced by
Alphonse Fournier on behalf of Douglas Abbott
Introduced
November 15, 1951
First reading
November 22, 1951
Second reading
November 27, 1951
Third reading
December 15, 1951
First reading
December 17, 1951
Second reading
December 17, 1951
Third reading
December 18, 1951
Amends
List of Versions
Summary
Financial management of the government of Canada and Crown Corporations
Status: In force
The Financial Administration Act (French: Loi sur la gestion des finances publiques) is legislation enacted by the Parliament of Canada, governing financial administration of the government, public assets, the estimates process, the Department of Finance, the Treasury Board of Canada and Crown Corporations. The Government of Canada has described the act as the "cornerstone of the legal framework for general financial management and accountability of public service organizations and Crown corporations."[1]
^Government of Canada, Treasury Board of Canada (2005-10-25). "The Financial Administration Act: Responding to Non-compliance - Meeting the Expectations of Canadians". www.tbs-sct.canada.ca. Archived from the original on 2024-04-22. Retrieved 2024-04-22.
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