First Nations Fiscal Management Act

Marginal note:Definitions

• 2 (1) The following definitions apply in this Act.

  borrowing member

  borrowing member means a first nation that has been accepted as a borrowing member under subsection 76(2) and has not ceased to be a borrowing member under section 77. (membre emprunteur)

  council

  council has the same meaning as council of the band in subsection 2(1) of the Indian Act. (conseil de la première nation)

  first nation

  first nation means a band named in the schedule. (première nation)

  First Nations Finance Authority

  First Nations Finance Authority means the corporation established under section 58. (Administration financière des premières nations)

  First Nations Financial Management Board

  First Nations Financial Management Board means the board established under subsection 38(1). (Conseil de gestion financière des premières nations)

  First Nations Gazette

  First Nations Gazette means the publication published under section 34. (Gazette des premières nations)

  First Nations Statistical Institute

  First Nations Statistical Institute[Repealed, 2012, c. 19, s. 659]

  First Nations Tax Commission

  First Nations Tax Commission means the commission established under subsection 17(1). (Commission de la fiscalité des premières nations)

  local revenue law

  local revenue law means a law made under subsection 5(1). (texte législatif sur les recettes locales)

  local revenues

  local revenues means moneys raised under a local revenue law and payments made to a first nation in lieu of a tax imposed by a law made under paragraph 5(1)(a). (recettes locales)

  Minister

  Minister means the Minister of Indian Affairs and Northern Development. (ministre)

  property taxation law

  property taxation law means a law made under paragraph 5(1)(a). (texte législatif relatif à l’imposition foncière)

  third-party management

  third-party management means the management of a first nation’s local revenues under section 53. (Version anglaise seulement)

• Marginal note:Indian Act definitions

  (2) Unless the context otherwise requires, words and expressions used in this Act and not otherwise defined have the same meaning as in the Indian Act.

• Marginal note:Amendments to schedule

  (3) At the request of the council of a band, the Minister may, by order, amend the schedule in order to

  • (a) add or change the name of the band; or

  • (b) delete the name of the band, as long as there are no amounts owing by the band to the First Nations Finance Authority that remain unpaid.

• Marginal note:For greater certainty

  (4) For greater certainty, nothing in this Act shall be construed as requiring capital infrastructure or capital assets for the provision of local services on reserve lands to be located on reserve lands.