An Act to amend the First Nations Fiscal Management Act, to make consequential amendments to other Acts, and to make a clarification relating to another Act (S.C. 2023, c. 16)

57 Section 142 of the Act is repealed.

Consequential Amendments

R.S., c. A-1Access to Information Act

58 Schedule I to the Access to Information Act is amended by adding the following in alphabetical order under the heading “Other Government Institutions”:

R.S., c. P-21Privacy Act

59 The schedule to the Privacy Act is amended by adding the following in alphabetical order under the heading “Other Government Institutions”:

Transitional Provisions

Marginal note:Transition to five-year plan

60 An institution, as defined in section 114 of the First Nations Fiscal Management Act, may, for the financial year following the day on which section 45 comes into force, establish a corporate plan in accordance with section 118 of that Act either as it read immediately before that day or as it reads on or after that day.

Marginal note:Part 6 of First Nations Fiscal Management Act

• 61 (1) Subsections 118(1), 120(4), 121(1) and 128(1), section 129 and subsection 130(1) of the First Nations Fiscal Management Act do not apply to the Institute or to its present or former directors, officers, employees or agents or mandataries until the first day of the second financial year following the financial year in which all the directors have been appointed under section 104 of that Act.

• Marginal note:Institute’s first annual meeting

  (2) Despite subsection 131(1) of the First Nations Fiscal Management Act, the board of directors of the Institute must call its first annual meeting within 18 months after the first day of the second financial year following the financial year in which all the directors have been appointed under section 104 of that Act.

• Marginal note:Definition of Institute

  (3) In this section, Institute has the same meaning as in subsection 101 of the First Nations Fiscal Management Act.

Section 83 of the Indian Act

Marginal note:By-laws approved

62 All by-laws made under subsection 83(1) of the Indian Act from July 15, 2019 to May 16, 2020 that received approval, in whole or in part, from the Minister of Crown-Indigenous Relations during that time are deemed to have received it instead from the Minister of Indigenous Services.

Coming into Force

Marginal note:Order in council

63 Subsections 3(1), (3) and (5), section 4, subsections 5(2) and (4), sections 6, 9, 15 and 24 to 26, subsections 27(1), (2) and (4) to (7), sections 28 to 30, 32 and 33, subsection 35(3), section 36, subsections 38(2) and 40(1) and (3), sections 41, 42 and 51, subsection 52(2) and section 57 come into force on a day or days to be fixed by order of the Governor in Council.