Financial Administration Act | |
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Parliament of Canada | |
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Citation | R.S.C., 1985, c. F-11 |
Enacted by | Parliament of Canada |
Royal assent | December 21, 1951 |
Commenced | October 1, 1952 |
Legislative history | |
Introduced by | Alphonse Fournier on behalf of Douglas Abbott |
Introduced | November 15, 1951 |
First reading | November 22, 1951 |
Second reading | November 27, 1951 |
Third reading | December 15, 1951 |
First reading | December 17, 1951 |
Second reading | December 17, 1951 |
Third reading | December 18, 1951 |
Amends | |
List of Versions | |
Summary | |
Financial management of the government of Canada and Crown Corporations | |
Status: In force |
The Financial Administration Act (French: Loi sur la gestion des finances publiques) is legislation enacted by the Parliament of Canada, governing financial administration of the government, public assets, the estimates process, the Department of Finance, the Treasury Board of Canada and Crown Corporations. The Government of Canada has described the act as the "cornerstone of the legal framework for general financial management and accountability of public service organizations and Crown corporations."[1]