Naskapi and the Cree-Naskapi Commission Act

Marginal note:Budget

• 90 (1) A band shall, by resolution, prior to the beginning of each fiscal year, adopt a budget for that fiscal year, and may, if it deems necessary in the course of the fiscal year, adopt supplementary budgets for that fiscal year.

• Marginal note:Explanation and distribution

  (2) Forthwith after adopting a budget or supplementary budget, a band shall

  • (a) explain the budget or supplementary budget to the members of the band at an ordinary band meeting;

  • (b) make a copy thereof available at the head office of the band, for inspection by members of the band at reasonable hours; and

  • (c) send a copy of it to the Minister and, in the case of a Cree band, to the Cree Regional Authority.

• Marginal note:Where delay in adopting budget

  (3) Where a band fails to adopt a budget for a fiscal year prior to the beginning of that fiscal year, the budget and any supplementary budgets of the previous fiscal year apply until a new budget is adopted.

• Marginal note:By-laws

  (4) A band may make by-laws respecting the preparation and implementation of budgets.

• Marginal note:Authorization to spend moneys

  (5) A band may not expend moneys or commit itself, by contract or otherwise, to expend moneys, unless

  • (a) such expenditure is authorized by or under a by-law or resolution; and

  • (b) a certificate is issued by the band treasurer stating that moneys are available for such expenditure.

• Marginal note:Position of other party

  (6) Non-compliance by a band with subsection (5) does not affect the validity or enforceability, with respect to the other party, of a band’s commitment to expend moneys, if the other party took reasonable steps to satisfy itself that the band had complied with subsection (5).

• Marginal note:Where inconsistency with budget

  (7) Where a by-law or resolution referred to in subsection (5) is inconsistent with the band’s budget or a supplementary budget, the by-law or resolution shall so state, but a non-compliance with this subsection does not affect the validity of the by-law or resolution.