Loans

Intervention [First Nations Financial Management Board, FNFMB]

Publisher: 
First Nations Financial Management Board
Year of publication: 
2019

If a First Nation defaults on a First Nations Finance Authority (FNFA) Borrowing Agreement or fails to comply with local revenues laws as governed by the First Nations Tax Commission, the FMB has the authority under the First Nations Fiscal Management Act (FMA) to step in to provide support.

Intervention is a support process that enables the FMB to investigate, understand, manage, and resolve any problems relating to:

Section 49 and 55 of the First Nations Fiscal Management Act [First Nations Financial Management Board, FNFMB]

Publisher: 
First Nations Financial Management Board
Year of publication: 
2019

Section 49 and 55 of the First Nations Fiscal Management Act (FMA) establishes the following legislative mandate for the FMB:

First Nations Fiscal Management Act [First Nations Financial Management Board, FNFMB]

Publisher: 
First Nations Financial Management Board
Year of publication: 
2019

The First Nations Fiscal Management Act (FMA) is a law that provides First Nations with support and tools to strengthen your community and build your economy. First Nations can choose whether or not to participate in the FMA.

All of our First Nations clients must be scheduled under the First Nations Fiscal Management Act (FMA).

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