Government of Canada / Gouvernement du Canada
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First Nations Financial Transparency Act

Version of section 2 from 2019-07-15 to 2023-09-25:

Marginal note:Definitions

 The following definitions apply in this Act.

consolidated financial statements

consolidated financial statements means the financial statements of a First Nation — prepared in accordance with generally accepted accounting principles — in which the assets, liabilities, equity, income, expenses and cash flows of the First Nation and of those entities that are required by those principles to be included are presented as those of a single economic entity, as if the First Nation were a government reporting on its financial information. (états financiers consolidés)


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


entity means a corporation or a partnership, a joint venture or any other unincorporated association or organization. (entité)


expenses includes the costs of transportation, accommodation, meals, hospitality and incidental expenses. (dépenses)

First Nation

First Nation means a band, as defined in subsection 2(1) of the Indian Act, but does not include a band that is party to a comprehensive self-government agreement given effect by an Act of Parliament. (première nation)


member has the same meaning as member of a band in subsection 2(1) of the Indian Act. (membre)


Minister means the Minister of Crown-Indigenous Relations. (ministre)


remuneration means any salaries, wages, commissions, bonuses, fees, honoraria and dividends and any other monetary benefits — other than the reimbursement of expenses — and non-monetary benefits. (rémunération)

  • 2013, c. 7, s. 2
  • 2019, c. 29, s. 368

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