Spending Control Act (S.C. 1992, c. 19)

Marginal note:Information on adjustments to spending limits

7 In each budget for a particular controlled fiscal year presented after the coming into force of this Act, the Minister shall indicate the spending limit for each controlled fiscal year as adjusted in accordance with this Act to the date of the budget, including any adjustment required because of the program spending proposed for the particular year in the budget, with an explanation of each adjustment that has been made to a spending limit for a controlled fiscal year.

Marginal note:Report of Auditor General

8 In auditing the accounts of Canada, the Auditor General of Canada shall examine the statement referred to in subsection 6(1) and shall give an opinion, with any reservations that the Auditor General may have, as to whether the statement fairly presents information in accordance with this Act and the stated accounting policies of the government on a basis consistent with that of the preceding year.

Marginal note:Minor differences ignored

9 For the purposes of this Act, any difference between

• (a) the program spending or proposed program spending for a controlled fiscal year, and

• (b) the spending limit for the year

that is less than 0.1 per cent of the spending limit for the year shall be deemed to be nil.

Marginal note:Future application

10 At the time of the presentation of the budget for the 1994-95 fiscal year, the Minister shall present to Parliament a recommendation as to whether this Act should be amended to extend its application beyond the 1995-96 fiscal year.

Marginal note:Inconsistent laws

11 In the event of any inconsistency between the provisions of this Act and the provisions of any other law, the provisions of this Act prevail unless that other law expressly states that it has effect notwithstanding this Act.