Budget Implementation Act, 2009

Version of section 295 from 2014-06-19 to 2014-12-15:


Marginal note:Maximum payment

  •  (1) The Minister of Finance may make direct payments, in an aggregate amount not exceeding $150,000,000 or any other amount that may be specified in an appropriation Act, to provinces and territories for matters relating to the establishment of a Canadian securities regulation regime and a Canadian regulatory authority.

  • Marginal note:Payments out of C.R.F.

    (2) Any amount payable under this section may be paid out of the Consolidated Revenue Fund, on the requisition of the Minister of Finance, at the times and in the manner, and on any terms and conditions, that the Minister of Finance considers appropriate.

  • 2009, c. 2, s. 295
  • 2014, c. 20, s. 313
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