Indian moneys definition

Indian moneys means all moneys collected, received or held by Her Majesty for the use and benefit of Indians or bands;
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Indian moneys. “Band moneys” and “moneys,” means all moneys collected, received or held by Her Majesty for the use and benefit of Indians or Bands, within the meaning of section 2 of the Act;
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Indian moneys for the purposes of The Indian Act (but “first nation” used consistently elsewhere) First Nations Financial Transparency Act, SC 2013, c 7 “First Nations”, in title (law concerns organizations only though) First Nations Fiscal and Statistical Management Act - see First Nations Fiscal Management Act, SC 2005, c 9 Proper names including the word “Indian” Taxation works differently on reserves? First Nations Fiscal Management Act, SC 2005, c 9 “First Nations”, in title (law concerns organizations only though) First Nations Goods and Services Tax Act, SC 2003, c 15, s 67 “[…]Indian moneys within the meaning of subsection 2(1) of the Indian Act.” First Nations Land Management Act, SC 1999, c 24
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Examples of Indian moneys in a sentence

  • Deposits in bank by disbursing agentsAny United States Indian agent, superintend- ent, or other disbursing agent of the Indian Service may deposit Indian moneys, individual or tribal, coming into his hands as custodian, in such national bank or banks as he may select: Provided, That the bank or banks so selected by him shall first execute to said disbursing agent a bond, with approved surety, in such an amount as will properly safeguard the funds to be depos- ited.

  • In his opinion, the provisions of the Indian Act did not prohibit investment by the Crown and did not require that Indian moneys remain in the CRF indefinitely.

  • The section, when read as a whole, mandates that Indian moneys are only to be “expended” for the “use and benefit” of the bands.

  • Pursuant to Section 61(2) of the Indian Act, interest on Indian moneys held in the Consolidated Revenue Fund is allowed at a rate fixed from time to time by the Governor-in-Council.

  • I am of the opinion that in selecting the floating rate methodology of the Indian moneys formula, there was no breach of the fiduciary duty owed by the Crown to the bands.

  • It provides no authority for any expenditure or payment of Indian moneys other than for the purposes provided for in the Act.

  • Members received a report of the Director of Resources informing Members of the implications of the pending introduction of International Financial Reporting Standards (IFRS).

  • When the Indian moneys formula was adopted in 1969, interest rates were tending upwards.

  • There are three categories of Indian moneys administered by AANDC: Indian band funds, Indian savings accounts, and Indian estate accounts.

  • Repeal of statutory provisions relating to survey, classification, and allotments which provide for repayment out of Indian moneys.


More Definitions of Indian moneys

Indian moneys. – means “all moneys collected, received or held by Her Majesty for the use and benefit of Indians or bands” as defined in Section 2 of the Indian Act.
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Related to Indian moneys

  • Retention Money means the accumulated retention moneys which the Procuring Entity retains under Sub-Clause

  • Secured Moneys means, without double counting, the aggregate of all moneys owing to the Security Trustee or to a Secured Creditor under any of the Transaction Documents provided that:

  • United States Government Obligations means bonds, notes, certificates of indebtedness, treasury bills or other securities constituting direct obligations of, or obligations the principal of and interest on which are fully and unconditionally guaranteed as to full and timely payment by, the United States of America, including evidences of a direct ownership interest in future interest or principal payment on obligations issued by the United States of America (including the interest component of obligations of the Resolution Funding Corporation), or securities which represent an undivided interest in such obligations, which obligations are rated in the highest rating category by a nationally recognized rating service and such obligations are held in a custodial account for the benefit of the Issuer.

  • Public money means any funds or money obtained from any governmental entity, including, but not limited to, research grants.

  • FIFA means the Fédération Internationale de Football Association.

  • Valuables means photographic, audio, video, computer and any other electronic equipment, telecommunications and electrical equipment, telescopes, binoculars, antiques, watches, jewellery, furs and articles made of precious stones and metals.

  • Ministry of Finance means the Recipient’s Ministry of Finance, or any successor thereto.

  • Government Obligation means (a) any security that is (i) a direct obligation of the United States of America of which the full faith and credit of the United States of America is pledged or (ii) an obligation of a Person controlled or supervised by and acting as an agency or instrumentality of the United States of America or the payment of which is unconditionally guaranteed as a full faith and credit obligation by the United States of America, which, in either case (i) or (ii), is not callable or redeemable at the option of the issuer thereof, and (b) any depositary receipt issued by a bank (as defined in Section 3(a)(2) of the Securities Act) as custodian with respect to any Government Obligation that is specified in clause (a) above and held by such bank for the account of the holder of such depositary receipt, or with respect to any specific payment of principal of or interest on any Government Obligation that is so specified and held, provided, that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depositary receipt from any amount received by the custodian in respect of the Government Obligation or the specific payment of principal or interest evidenced by such depositary receipt.

  • South Africa means the Republic of South Africa;

  • Foreign Government Obligations means, with respect to Securities of any Series that are denominated in a Foreign Currency, direct obligations of, or obligations guaranteed by, the government that issued or caused to be issued such currency for the payment of which obligations its full faith and credit is pledged and which are not callable or redeemable at the option of the issuer thereof.

  • Government Instrumentality means any department, division or sub- division of the Government or the State Government and includes any commission, board, authority, agency or municipal and other local authority or statutory body including panchayat under the control of the Government or the State Government, as the case may be, and having jurisdiction over all or any part of the Project Highway or the performance of all or any of the services or obligations of the Contractor under or pursuant to this Agreement;