49
Third Session, 48th General Assembly 68 Elizabeth II, 2019
BILL 49
AN ACT TO AMEND THE HISTORIC RESOURCES ACT
Received and Read the First Time................................................................
Second Reading............................................................................................
Committee.....................................................................................................
Third Reading...............................................................................................
Royal Assent.................................................................................................
HONOURABLE CHRISTOPHER MITCHELMORE Minister of Tourism, Culture, Industry and Innovation
Ordered to be printed by the Honourable House of Assembly

EXPLANATORY NOTES

This Bill would amend the Historic Resources Act to

· remove the requirement that the accounts and financial transactions of the Heritage Foundation of Newfoundland and Labrador comply with the Financial Administration Act; and

· add a requirement that the financial statement of the Heritage Foundation of Newfoundland and Labrador be audited by the auditor general.

A BILL

AN ACT TO AMEND THE HISTORIC RESOURCES ACT

Analysis

1. S.27 R&S
Audit

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

RSNL1990 cH-4
as amended

1. Section 27 of the Historic Resources Act is repealed and the following substituted:

Audit

27. (1) The auditor general shall annually audit the financial statement of the foundation.

(2) The financial year of the foundation shall be from April 1 in one year to March 31 in the next year.

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