First Nations Fiscal Management Act
Version of section 78 from 2005-03-23 to 2006-03-31:
The following provision is not in force.
Marginal note:Priority
78 (1) The Authority has a priority over all other creditors of a first nation that is insolvent, for any moneys that are authorized to be paid to the Authority under a law made under paragraph 5(1)(b) or (d).
Marginal note:Debts to the Crown
(2) For greater certainty, subsection (1) does not apply to Her Majesty.
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