Common use of Financial Clause in Contracts

Financial. 5.1 Community Council funds shall be used only for the benefit of the Métis citizens who are represented by the Community Council. Expenditures shall be consistent with the financial ability of the Community Council and may include, but are not limited to: a) the purpose of assisting Métis citizens of the MNO; b) salaries, offices or administration; c) obligations arising from agreements entered into for the benefit of the Métis citizens represented by the MNO; d) other activities that fall within the purposes of the MNO as stated in the Statement of Purpose (Appendix A). 5.2 The Community Council and any of its committees, subsidiaries, institutions or other entities shall; a) have a fiscal end of March 31st; b) keep its financial records in accordance with generally accepted accounting procedures; c) cause an annual financial statement of its books and records and funds to be created within 90 days of the end of the fiscal year; d) within 30 days of its completion, submit the financial statement to the Secretariat; e) within 30 days of its completion, provide on request, the financial statement to its citizens. 5.3 In the event that a copy of the annual financial statement is not submitted, pursuant to paragraph 5.2(d), the Secretariat may cause an audit to be made, at the expense of the Community Council.

Appears in 22 contracts

Sources: Community Charter Agreement, Community Charter Agreement, Community Charter Agreement

Financial. 5.1 Community Council funds shall be used only for the benefit of the Métis citizens who are represented by the Community Council. Expenditures shall be consistent with the financial ability of the Community Council and may include, but are not limited to: a) the purpose of assisting Métis citizens of the MNO; b) salaries, offices or administration; c) obligations arising from agreements entered into for the benefit of the Métis citizens represented by the MNO; d) other activities that fall within the purposes of the MNO as stated in the Statement of Purpose (Appendix A). 5.2 The Community Council and any of its committees, subsidiaries, institutions or other entities shall; a) have a fiscal end of March 31st; b) keep its financial records in accordance with generally accepted accounting procedures; c) cause an annual financial statement of its books and records and funds to be created within 90 ninety (90) days of the end of the fiscal year; d) within 30 thirty (30) days of its completion, submit the financial statement to the Secretariat; e) within 30 thirty (30) days of its completion, provide on request, the financial statement to its citizens. 5.3 In the event that a copy of the annual financial statement is not submitted, pursuant to paragraph 5.2(d), the Secretariat may cause an audit to be made, made at the expense of the Community Council.

Appears in 10 contracts

Sources: Community Charter Agreement, Community Charter Agreement, Community Charter Agreement

Financial. 5.1 Community Council funds shall be used only for the benefit of the Métis Metis citizens who are represented by the Community Council. Expenditures shall be consistent with the financial ability of the Community Council and may include, but are not limited to: a) the purpose of assisting Métis Metis citizens of the MNO; b) salaries, offices or administration; c) obligations arising from agreements entered into for the benefit of the Métis Metis citizens represented by the MNO; d) other activities that fall within the purposes of the MNO as stated in the Statement of Purpose (Appendix A). 5.2 The Community Council and any of its committees, subsidiaries, institutions or other entities shall; a) have a fiscal end of March 31st; b) keep its financial records in accordance with generally accepted accounting procedures; c) cause an annual financial statement of its books and records and funds to be created within 90 days of the end of the fiscal year; d) within 30 days of its completion, submit the financial statement to the Secretariat; e) within 30 days of its completion, provide on request, the financial statement to its citizens. 5.3 In the event that a copy of the annual financial statement is not submitted, pursuant to paragraph 5.2(d), the Secretariat may cause an audit to be made, at the expense of the Community Council.

Appears in 5 contracts

Sources: Community Charter Agreement, Community Charter Agreement, Community Charter Agreement

Financial. 5.1 Community Council funds shall be used only for the benefit of the Métis citizens who are represented by the Community Council. Expenditures shall be consistent with the financial ability of the Community Council and may include, but are not limited to: a) the purpose of assisting Métis citizens of the MNO; b) salaries, offices or administration; c) obligations arising from agreements entered into for the benefit of the Métis citizens represented by the MNO; d) other activities that fall within the purposes of the MNO as stated in the Statement of Purpose (Appendix A).. 4 June 26, 2021, address changed from ▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇. Northbrook ON, K0H2G0 to the MNO Kingston office pending a new council office location to be secured 5.2 The Community Council and any of its committees, subsidiaries, institutions or other entities shall; a) have a fiscal end of March 31st; b) keep its financial records in accordance with generally accepted accounting procedures; c) cause an annual financial statement of its books and records and funds to be created within 90 ninety (90) days of the end of the fiscal year; d) within 30 thirty (30) days of its completion, submit the financial statement to the Secretariat; e) within 30 thirty (30) days of its completion, provide on request, the financial statement to its citizens. 5.3 In the event that a copy of the annual financial statement is not submitted, pursuant to paragraph 5.2(d), the Secretariat may cause an audit to be made, made at the expense of the Community Council.

Appears in 1 contract

Sources: Community Charter Agreement

Financial. 5.1 Community Council funds shall be used only for the benefit of the Métis citizens who are represented by the Community Council. Expenditures shall be consistent with the financial ability of the Community Council and may include, but are not limited to: a) the purpose of assisting Métis citizens of the MNO; b) salaries, offices or administration; c) obligations arising from agreements entered into for the benefit of the Métis citizens represented by the MNO; d) other activities that fall within the purposes of the MNO as stated in the Statement of Purpose (Appendix A). 5.2 The Community Council and any of its committees, subsidiaries, institutions or other entities shall;: a) have a fiscal end of March 31st; b) keep its financial records in accordance with generally accepted accounting procedures; c) cause an annual financial statement of its books and records and funds to be created within 90 ninety (90) days of the end of the fiscal year; d) within 30 thirty (30) days of its completion, submit the financial statement to the Secretariat; e) within 30 thirty (30) days of its completioncompletion provide, provide on request, the financial statement to its citizens. 5.3 In the event that a copy of the annual financial statement is not submitted, pursuant to paragraph 5.2(d), the Secretariat may cause an audit to be made, made at the expense of the Community Council.

Appears in 1 contract

Sources: Community Charter Agreement