Canadian Payments Act

Marginal note:Annual report

• 24 (1) The Board shall, within the time prescribed by the regulations, prepare a report on the Association’s operations for each fiscal year and the Association shall publish it on its Internet site.

• Marginal note:Contents

  (2) The report shall include

  • (a) the financial statements of the Association and the report of the auditor;

  • (b) an evaluation of the Association’s performance with respect to the objectives established in the corporate plan;

  • (c) the annual report of the Stakeholder Advisory Council; and

  • (d) a statement of the Association’s priorities for the following fiscal year.