Community Priorities Annual Reports and Records. 6.1 Squamish Nation covenants and agrees as follows:
6.1.1 Within 60 days of the Effective Date of this Agreement, Squamish Nation or its Designate will prepare a statement of community priorities covering the term of the Agreement, substantially in the form set out in Appendix E that outlines activities it intends to fund to help achieve the socio-economic objectives identified in section 2.2. This statement will outline the community priorities based on the First Fiscal Year Revenue Sharing Contribution.
6.1.2 Before the end of each BC Fiscal Year, Squamish Nation or its Designate will update the statement of community priorities identified in section 6.1.1 based on the updated Revenue Sharing Contribution described in section 3.5.
6.1.3 Within 90 days of the end of each BC Fiscal Year, Squamish Nation or its Designate will prepare an annual report, substantially in the form set out in Appendix F, identifying all expenditures made from the Payment Account since the date of the last such report (or, in the case of the first such report, since the Effective Date of this Agreement) and confirming that, aside from reasonable administrative expenses, all such expenditures were made for the purpose of accomplishing the purposes and objectives referred to in section 2.0.
6.1.4 British Columbia retains the right at its sole discretion, such discretion to be exercised reasonably, to require an audit of expenditures made from the Payment Account to ensure that all such expenditures were made for appropriate purposes under this Agreement, such audit to be at the expense of the Squamish Nation or its Designate.
6.1.5 The documents referred to in sections 6.1.1, 6.1.2, and 6.1.3 will be published by Squamish Nation or its Designate in a manner that can reasonably be expected to bring the information to the attention of its communities and the public.
6.1.6 The annual report referred to in section 6.1.3 will be provided to British Columbia within 120 days of the end of each BC Fiscal Year.
6.1.7 Notwithstanding the termination or expiry of this Agreement, Squamish Nation or its Designate will continue to comply with the provisions of section 6.1 until 120 days after it receives the last Revenue Sharing Contribution from British Columbia.
6.2 If Squamish Nation requires funding ("capacity") to engage in consultation processes on forest and range decisions, or with other provincial Ministries where Squamish Nation has entered into an SEA and/or RA with British Columbia,...
Community Priorities Annual Reports and Records. 6.1 shishalh Nation is responsible and accountable to its members through the provisions of the Sechelt Indian Band Constitution. By implementing shishalh Nation procedures already in place, shishalh Nation will prepare annual spending plans and annual reports for the Revenue Sharing Payments (the “Reports”), as part of the annual budgeting and reporting processes described in the Sechelt Indian Band Constitution. Subject to the Sechelt Indian Band Constitution, the Reports will be published by shishalh Nation in a manner that can reasonably be expected to bring the information to the attention of shishalh Nation members.
6.2 If requested by British Columbia, shíshálh Nation will provide a summary report substantially in the form set out in Appendix D regarding the projects or initiatives to which Revenue Sharing Payments have been allocated.
6.3 The report referred to in section 6.2 will be provided to British Columbia within 120 days.
6.4 Notwithstanding the termination or expiry of this Agreement, shíshálh Nation or its Designate will continue to comply with the provisions of section 6.1 until 120 days after it receives the last Revenue Sharing Contribution from British Columbia.
Community Priorities Annual Reports and Records. 6.1 Sliammon First Nation covenants and agrees as follows:
6.1.1 Within 60 days of the Effective Date of this Agreement, Sliammon First Nation or its Designate will prepare a statement of community priorities covering the term of the Agreement, substantially in the form set out in Appendix D that outlines activities it intends to fund to help achieve the socio-economic objectives identified in section 2.2. This statement will outline the community priorities based on the First Fiscal Year Revenue Sharing Contribution.
6.1.2 Before the end of each BC Fiscal Year, Sliammon First Nation or its Designate will update the statement of community priorities identified in section 6.1.1 based on the updated Revenue Sharing Contribution described in section 3.5.
6.1.3 Within 90 days of the end of each BC Fiscal Year, Sliammon First Nation or its Designate will prepare an annual report, substantially in the form set out in Appendix E, identifying all expenditures made from the Payment Account since the date of the last such report (or, in the case of the first such report, since the Effective Date of this Agreement) and confirming that, aside from reasonable administrative expenses, all such expenditures were made for the purpose of accomplishing the purposes and objectives referred to in section 2.0.
6.1.4 British Columbia retains the right at its sole discretion, such discretion to be exercised reasonably, to require an audit of expenditures made from the Payment Account to ensure that all such expenditures were made for appropriate purposes under this Agreement, such audit to
Community Priorities Annual Reports and Records. 6.1 Lake Xxxxxx will prepare a summary report substantially in the form set out in Appendix D regarding the projects or initiatives to which Revenue Sharing Payments may have been allocated in the previous fiscal year.
6.3 Lake Xxxxxx covenants and agrees that, in accordance with its existing annual planning and budgetary process, it will:
6.3.1. prepare an annual spending plan and annual report for the Revenue Sharing Contribution for the term of this Agreement; and
6.3.2. bring the annual spending plan and annual report for the Revenue Sharing Contribution to the attention of its members by publishing the information in Lake Xxxxxx’x annual audited financial statements.
Community Priorities Annual Reports and Records
