This is an official version.

Copyright © 2016: Queen's Printer,
St. John's, Newfoundland and Labrador, Canada

Important Information
(Includes details about the availability of printed and electronic versions of the Statutes.)

Statutes of Newfoundland and Labrador 2016


CHAPTER 10

AN ACT TO AMEND THE FINANCIAL ADMINISTRATION ACT

(Assented to June 7, 2016)

Analysis


        1.   S.34.1 Added
Advance re: credit card expenses


Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows:

RSNL1990 cF-8
as amended

        1. The Financial Administration Act is amended by adding immediately after section 34 the following:

Advance re: credit card expenses

   34.1 (1) Notwithstanding section 30, but subject to a directive of the board, the comptroller general may advance money to satisfy an obligation to the provider of a corporate credit card.

             (2)  Notwithstanding that payment has already been made under subsection (1),

             (a)  money advanced under that subsection shall be charged to an available appropriation in the fiscal year in which the advance was made; and

             (b)  a transaction giving rise to the obligation referred to in that subsection shall be certified in the manner referred to in subsection 30(1) in the fiscal year in which the advance was made.

             (3)  An advance or portion of an advance referred to in subsection (1) that was not properly chargeable to an available appropriation when incurred may be recovered by the comptroller general out of money payable to the person from whom the amount is due, subject to a directive of the board.

             (4)  For the purpose of subsection (1),

             (a)  "corporate credit card" means a credit card for the acquisition of goods or services on behalf of the government limited to those goods or services determined by a directive of the board; and

             (b)  "provider of a corporate credit card" means a bank referred to in Schedule I of the Bank Act (Canada) where that bank provides the government with corporate credit card services under an agreement.