Revenue Management Implementation Regulations

Marginal note:Final report

• 18 (1) Within six months after the termination of third-party management, the Board or a manager shall provide the council of the first nation with a written report that includes

  • (a) a summary of any third-party management activities not previously reported on;

  • (b) a summary or copy of all local revenue and financial administration laws enacted including any amendment of those laws;

  • (c) a summary or copy of all agreements that the Board has entered into under subsection 53(2) of the Act while acting in the place of the council of the first nation;

  • (d) a copy of the most recent audited financial report or the audited annual financial statements, as the case may be, referred to in subsection 14(1.1) of the Act, that were provided to the Board, and a statement of the revenues deposited to, and any expenditures from, the local revenue account, from the last day covered by the financial report or financial statements, as the case may be, to the most recent date possible; and

  • (e) an update to the remedial management plan.

• Marginal note:Report

  (2) Within six months after the termination of co-management without assuming third-party management, the Board or a manager shall provide the council of the first nation with a written report that includes

  • (a) a summary of any co-management activities not previously reported on; and

  • (b) an update to the remedial management plan.