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Definitions |
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1 |
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In this Act: |
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"account" means the South Moresby Implementation Account continued under section 2; |
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"agreement" means an agreement, dated July 12, 1988, between the Government of British Columbia and the Government of Canada for the establishment of a national park in the South Moresby area of the Queen Charlotte Islands, and includes amendments made to that agreement; |
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"general fund" means the general fund of the consolidated revenue fund. |
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Special account continued |
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2 |
(1) |
The South Moresby Implementation Account is continued as a special account in the general fund. |
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(2) |
The account consists of the following subaccounts: |
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(a) |
Repealed. [1997-4-32] |
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(b) |
Forest Replacement Account. |
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Contents of account |
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3 |
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The account consists of the following: |
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(a) |
amounts appropriated by the Province for its contributions in accordance with the agreement; |
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(b) |
amounts received from the Government of Canada in accordance with the agreement; |
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(c) |
interest earned on or attributed to amounts in each subaccount required to be deposited in accordance with the agreement. |
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Payment out of the account |
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4 |
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The Minister of Finance must make payments from the account in accordance with the agreement. |
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