First Nations Fiscal Management Act

Marginal note:Information accompanying property taxation law

• 8 (1) A property taxation law — including an amendment of a property taxation law — shall, when submitted to the First Nations Tax Commission for approval, be accompanied by

  • (a) a description of the lands, interests or rights subject to the law;

  • (b) a description of the assessment practices to be applied to each class of land, interest or right;

  • (c) information regarding services to be provided from local revenues, existing service agreements and any service agreement negotiations under way at the time the law was made;

  • (d) a description of the notices that were given, any consultation undertaken by the council before making the law and copies of any written representations received by the council; and

  • (e) evidence that the law was duly made by the council.

• Marginal note:Exemption

  (2) The First Nations Tax Commission may exempt a first nation from the requirements of subsection (1) in respect of an amendment of a property taxation law if the Commission considers that the amendment is not significant.

• Marginal note:Accompanying information

  (3) A law made under paragraph 5(1)(c), when submitted to the First Nations Tax Commission for approval, shall be accompanied by

  • (a) a description of the notices that were given, any consultation undertaken by the council before making the law and copies of any written representations received by the council; and

  • (b) evidence that the law was duly made by the council.

• Marginal note:Evidence law duly made

  (4) A law made under paragraph 5(1)(b), (d) or (e) that is submitted to the First Nations Tax Commission for approval shall be accompanied by evidence that it was duly made by the council.

• Marginal note:Additional information on request

  (5) At the request of the First Nations Tax Commission, a first nation shall provide any documents that the Commission requires in order to

  • (a) review a local revenue law;

  • (b) determine that the law was made in accordance with this Act, the regulations or any standards made under subsection 35(1); or

  • (c) perform any of its other functions under this Act.