Seabird Island Financial Administration Law

TABLE OF CONTENTS

PART I – Citation ……………………………………………………………………………………………………………. 1
PART II – Interpretation and Application ……………………………………………………………. 1
PART III – Administration …………………………………………………………………………………………… 4
DIVISION 1 – Council ……………………………………………………………………………………………………. 4
DIVISION 2 – Finance and Audit Committee …………………………………………………… 6
DIVISION 3 – Officers and Employees …………………………………………………………………. 9
DIVISION 4 – Conduct Expectations …………………………………………………………………… 12
PART IV – Financial Management ………………………………………………………………………. 14
DIVISION 1 – Financial Plans and Annual Budgets ………………………………………. 14
DIVISION 2 – Revenues and Expenditures ……………………………………………………….. 17
DIVISION 3 – Borrowing ……………………………………………………………………………………………. 17
DIVISION 4 – Risk Management …………………………………………………………………………… 18
DIVISION 5 – Financial Reporting ………………………………………………………………………… 21
DIVISION 6 – Information and Information Technology …………………………… 26
PART V – Tangible Capital Assets ………………………………………………………………………. 27
PART VI – Reporting Breaches ……………………………………………………………………………… 29
PART VII – Miscellaneous ………………………………………………………………………………………… 31

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