Northwest Territories Act (R.S.C., 1985, c. N-27)

Act current to 2013-04-29 and last amended on 2013-03-08. Previous Versions

Marginal note:Form and contents

28. The Territorial Accounts shall be in such form as the Commissioner may direct and shall include

  • (a) a report on the financial transactions of the fiscal year;

  • (b) a statement, certified by the Auditor General of Canada, of the expenditures and revenues of the Territories for the fiscal year;

  • (c) a statement, certified by the Auditor General of Canada, of assets and liabilities as at the termination of the fiscal year; and

  • (d) such other information or statements as are required in support of the statements referred to in paragraphs (b) and (c), or as are required by ordinance or by the Minister.

  • R.S., c. N-22, s. 23.
Marginal note:Fiscal year

29. The fiscal year of the Territories is the period beginning on April 1 in one year and ending on March 31 in the next year.

  • R.S., c. N-22, s. 23.
Marginal note:Examination and report by Auditor General

  • 30. (1) The accounts and financial transactions of the Territories shall be examined by the Auditor General of Canada who shall report annually to the Council the result of that examination, and the report shall state whether in his opinion

    • (a) proper books of account have been kept by the Territories;

    • (b) the financial statements of the Territories were prepared on a basis consistent with that of the preceding fiscal year and are in agreement with the books of account;

    • (c) the statement of expenditures and revenues gives a true and fair view of the expenditures and revenues of the Territories for the fiscal year;

    • (d) the statement of assets and liabilities gives a true and fair view of the affairs of the Territories at the end of the fiscal year; and

    • (e) the transactions of the Territories that have come to the notice of the Auditor General have been within the powers of the Territories under this Act and any other Act applicable to the Territories.

  • Marginal note:Other matters

    (2) The Auditor General of Canada shall call attention to any other matter falling within the scope of the examination made under subsection (1) that in the opinion of the Auditor General should be brought to the attention of the Council.

  • R.S., c. N-22, s. 23.
Marginal note:Powers of Auditor General

31. The Auditor General of Canada has, in connection with the examination of the accounts of the Territories, all the powers that the Auditor General has under the Auditor General Act in connection with the examination of the accounts of Canada.

  • R.S., c. N-22, s. 23;
  • 1976-77, c. 34, s. 27.