|
|
4 |
|
|
|
|
|
|
|
First
Session, 48th General Assembly 65
Elizabeth II, 2016 |
|
|
AN ACT TO AMEND THE
FINANCIAL ADMINISTRATION ACT |
|
|
Received and Read the First Time................................................................................................. |
|
|
Second |
|
|
Committee.......................................................................................................................................... |
|
|
Third |
|
|
Royal Assent...................................................................................................................................... |
|
|
HONOURABLE
CATHY BENNETT Minister of Finance and President of Treasury Board |
|
|
Ordered
to be printed by the Honourable House of Assembly |
|
|
EXPLANATORY NOTES This Bill would amend the Financial Administration Act to facilitate a more efficient payment process for certain government credit cards. The Bill would · allow payments to corporate credit card providers without a direct charge to an available appropriation, provided that those payments are subsequently charged to an available appropriation in the same fiscal year; and · revise the certification process for those payments. |
|
A BILL AN ACT TO AMEND THE FINANCIAL ADMINISTRATION ACT Analysis 1.
S.34.1 Added Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows: RSNL1990 cF-8 1. The Financial Administration Act is amended by adding immediately after section 34 the following: Advance re: credit card expenses 34.1 (1) Notwithstanding section 30, but subject to a directive of the board, the comptroller general may advance money to satisfy an obligation to the provider of a corporate credit card. (2) Notwithstanding that payment has already been made under subsection (1), (a) money advanced under that subsection shall be charged to an available appropriation in the fiscal year in which the advance was made; and (b) a transaction giving rise to the obligation referred
to in that subsection shall be certified in the manner referred to in subsection
30(1) in the fiscal year in which the advance was made. (3) An advance or portion of an advance referred to in subsection (1) that was not properly chargeable to an available appropriation when incurred may be recovered by the comptroller general out of money payable to the person from whom the amount is due, subject to a directive of the board. (4) For the purpose of subsection (1), (a) "corporate credit card" means a credit card for the acquisition of goods or services on behalf of the government limited to those goods or services determined by a directive of the board; and (b) "provider of a corporate credit card" means a bank referred to in Schedule I of the Bank Act (Canada) where that bank provides the government with corporate credit card services under an agreement. ©Queen's Printer |