First Nations Fiscal Management Act

Marginal note:Mandate

29 The purposes of the Commission are to

• (a) ensure the integrity of the system of First Nations real property taxation and promote a common approach to First Nations real property taxation nationwide, having regard to variations in provincial real property taxation systems;

• (b) ensure that the real property taxation systems of First Nations reconcile the interests of taxpayers with the responsibilities of chiefs and councils to govern the affairs of First Nations;

• (c) prevent, or provide for the timely resolution of, disputes in relation to the application of local revenue laws;

• (d) assist First Nations in the exercise of their jurisdiction over real property taxation on reserve lands and build capacity in First Nations to administer their taxation systems;

• (e) develop training programs for First Nation real property tax administrators;

• (f) assist First Nations to achieve sustainable economic development through the generation of stable local revenues;

• (g) promote a transparent First Nations real property taxation regime that provides certainty to taxpayers;

• (h) promote understanding of the real property taxation systems of First Nations; and

• (i) provide advice to the Minister regarding future development of the framework within which local revenue laws are made.