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AR 158/2000 FINANCIAL INFORMATION RETURN REGULATION

(Consolidated up to 191/2018)

ALBERTA REGULATION 158/2000

Municipal Government Act

FINANCIAL INFORMATION RETURN REGULATION


Table of Contents

                1      Definitions

                2      Content of return

                3      Accounting principles

                4      Repeal

Definitions

1   In this Regulation,

                               (a)    “financial information return” means the financial information return referred to in section 277 of the Act;

                              (b)    “Financial Information Return Manual” means the Financial Information Return Manual prepared by the Department of Municipal Affairs.

AR 158/2000 s1;35/2007;68/2008

Content of return

2   The content of the financial information return is set out in the Financial Information Return Manual.

Accounting principles

3(1)  The financial information return must be prepared in accordance with

                               (a)    the generally accepted accounting principles for municipal governments recommended by the Canadian Institute of Chartered Accountants, and

                              (b)    the standards and principles set out in the Financial Information Return Manual.

(2)  If there is a conflict between the principles referred to in subsection (1)(a) and the standards or principles in subsection (1)(b), the standards and principles referred to in subsection (1)(b) prevail.

Repeal

4   The Financial Information Return Regulation (AR 376/94) is repealed.

5   Repealed AR 191/2018 s1.