Effective: January 27, 2018
Section: Revenue Cycle
Administrator: Office of the Comptroller General
Applicability: GNWT Departments and Public Agencies

POLICY

The Government may contract with a revenue agent to collect or receive revenue on its behalf in fulfilment of their mandate.

PURPOSE

To set out the controls for the collection of revenue by a third party and the handling of the money collected.

SCOPE

Revenue collected or received by or on behalf of the Government is public money belonging to the Government and must be safeguarded, recorded and deposited promptly.

RESPONSIBILITIES

Deputy Head

Ensure contracts with 3rd parties for the collection of revenue adequately address safeguarding, record keeping and transfer of revenues to the government.

Comptroller General

May approve Interpretation Bulletins associated with this policy.

Financial Management Board

May issue a directive respecting the financial management or financial administration of a Department

AUTHORITIES and REFERENCES

• Financial Administration Act (FAA)
  • s. 46 - Records
  • s.47 - Ownership of records
  • s. 56 - Fees for service
• Government Contract Regulations

INTERPRETATION BULLETINS