First Nations Fiscal Management Act
55 (1) The Board may establish standards, not inconsistent with the regulations, respecting
(a) the form and content of laws made under section 9;
(b) approvals of the Board under Part 1;
(c) certification of first nations under section 50; and
(d) financial reporting under subsection 14(1).
(2) The Board may establish procedures respecting
(a) the submission for approval and approval of laws made under section 9;
(b) the issuance of a certificate under subsection 50(3); and
(c) the implementation or termination of a co-management arrangement or third-party management of a first nation’s local revenues.
Marginal note:Statutory Instruments Act
(3) The Statutory Instruments Act does not apply to a standard established under subsection (1) or a procedure established under subsection (2).
Marginal note:First Nations Gazette
(4) All laws made under section 9 and approved by the Board and all standards established by the Board under subsection (1) shall be published in the First Nations Gazette.
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