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Receipt and Deposit of Public Money Regulations, 1997

Version of section 3 from 2006-03-22 to 2008-02-27:

 All public money collected or received must be deposited to the credit of the Receiver General with the Bank of Canada or one of its agencies or a branch of a financial institution

  • (a) forthwith, if the money is received electronically;

  • (b) once a day, if the money is received by other than electronic means, or, if it is not cost effective to do so,

    • (i) once a week, or

    • (ii) in exceptional circumstances and if authorized by the Receiver General, once a month.

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