Revenue Management Implementation Regulations

Marginal note:Remedial management plan

• 16 (1) Within 60 days after requiring a first nation to enter into a co-management arrangement or assuming third-party management, the Board or a manager shall review the available information relating to the first nation’s local revenues and local revenue laws, and provide the council of the first nation with a remedial management plan to address the matters that contributed to the assumption of co-management or third-party management.

• Marginal note:Content of plan

  (2) A remedial management plan may include a debt reduction plan, a budget or an expenditure plan.

• Marginal note:Continuing need

  (3) A remedial management plan shall indicate whether the Board is of the opinion that there is a continuing need for a co-management arrangement or third-party management.