Marginal note:National Museums Trust Account
42. The amount outstanding on the coming into force of this Act in the accounts of Canada in respect of the National Museums Trust Account shall be paid to the museums in the manner most appropriate to give effect to the purpose for which the moneys or property constituting or otherwise giving rise to that amount were given, bequeathed or otherwise made available to the National Museums of Canada.
Marginal note:First financial year
43. Notwithstanding section 28, the first financial year of each museum is the period beginning on the day on which this Act comes into force and ending on March 31 in the following year.
Marginal note:First corporate plan and budgets
44. (1) Notwithstanding the period prescribed for submitting corporate plans, operating budgets and capital budgets under the Financial Administration Act, each museum shall, within six months after the coming into force of this Act, submit to the Minister in accordance with that Act a corporate plan including the first financial year of the museum and an operating budget and capital budget for the first financial year of the museum.
Marginal note:Provision not applicable
(2) Subsection 124(5) of the Financial Administration Act does not apply in respect of any capital expenditure incurred or committed to be incurred by a museum before the day on which the capital budget for the first financial year of the museum is approved in accordance with section 124 of that Act.
45. The provisions made by any Appropriation Act for the fiscal year in which this Act comes into force, based on the Estimates for that year to defray the charges and expenses of the public service of Canada within the National Museums of Canada in relation to any matter to which the purposes or powers of a museum extend by law, shall be applied to that museum in such manner as the Treasury Board may, on the recommendation of the Minister, determine.
Coming into Force
Marginal note:Coming into force
Return to footnote *[Note: Act in force July 1, 1990, see SI/90-86.]
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