Repayment of Receipts Regulations, 1997

The Repayment of Receipts Regulations, 1997, made by the Treasury Board under section 20 of the Financial Administration Act, outline the rules for repayment of receipts received by public officers.

According to these regulations, where a deposit is paid into the Consolidated Revenue Fund in excess of the prescribed amount or where no such amount has been prescribed, the excess amount must be repaid to the person who paid it. If money paid to a public officer for any purpose that has not been fulfilled and was deposited into the Consolidated Revenue Fund, the excess, minus an amount referred to in subsection 20(2) of the Act, must be repaid.

Furthermore, these regulations provide for repayment where money paid to the credit of the Receiver General is not public money. The Regulations also specify that payments made to a person who cannot be identified or located are exempt from repayment.

These Regulations come into force on February 23, 1998, and repeal any previous Regulations dealing with this matter.