1 (1) In this Act, “appropriation” means an authority to pay money out of the Consolidated Revenue Fund or to recognize a non-cash expense or a non-cash investment; (“affectation de crédits”) “Consolidated Revenue Fund” means the aggregate of all public money that is on deposit at the credit of the Minister of Finance or in the name of any agency of the Crown approved by the Lieutenant Governor in Council; (“Trésor”) “Crown” means the Crown in right of Ontario; (“Couronne”) “designated purpose account” means an account that an Act requires be maintained in the Government of Ontario’s financial records for the purposes of recording, (a) the recognition of revenues, including amounts credited on account of interest, as specified in that Act, and (b) expenditures which are authorized to be incurred for the purposes specified in that Act; (“compte à fin désignée”) “expenditure” means a payment of money out of the Consolidated Revenue Fund or the recognition by the Crown of a non-cash expense or a non-cash investment; (“dépense”) “fiscal agent” means a fiscal agent appointed under section 31; (“agent financier”) “fiscal year” means the period from the 1st day of April in one year to the 31st day of March in the next year; (“exercice”) “minister” means a member of the Executive Council; (“ministre”) “ministry” means a ministry of the Government of Ontario; (“ministère”) “money” includes negotiable instruments; (“somme d’argent”) “money paid to Ontario for a special purpose” includes money that is paid to a public officer under or pursuant to a statute, trust, undertaking, agreement or contract and that is to be disbursed for a purpose specified in or pursuant to such statute, trust, undertaking, agreement or contract; (“somme d’argent versée à l’Ontario à des fins particulières”) “negotiable instrument” includes a cheque, draft, traveller’s cheque, bill of exchange, money order and any similar instrument; (“effet négociable”) “non-cash expense” means an expense not requiring an outlay of money or the incurring of a liability to pay money; (“frais hors trésorerie”) “non-cash investment” means an investment not requiring an outlay of money or the incurring of a liability to pay money; (“élément d’investissement hors trésorerie”) “public entity” means, (a) a Crown agency, (b) a corporation, with or without share capital, that is not a Crown agency but is owned, operated or controlled by the Crown, (c) any other board, commission, authority or unincorporated body of the Crown; (“entité publique”) “public money” means money that is determined under subsection (3), (4) or (5) to be public money; (“deniers publics”) “public officer” includes a minister and a person employed in a ministry or public entity; (“agent public”) “registrar” means a registrar appointed under section 31; (“agent comptable”) “special purpose account” means an account maintained in the Government of Ontario’s financial records for the purpose of recording receipts, including any amounts credited on account of interest, and disbursements of money that has been paid into the Consolidated Revenue Fund and that was paid to Ontario for a special purpose; (“compte spécial”) “specified public entity” means a public entity the financial obligations of which are paid directly out of the Consolidated Revenue Fund; (“entité publique déterminée”) “statutory appropriation” means an amount that is authorized, under a provision of this or another Act of the Legislature that describes the amount as payable or capable of being recognized without any legislative authority other than the provision of the Act, (a) to be paid out of the Consolidated Revenue Fund, or (b) to be recognized by the Crown as a non-cash expense or a non-cash investment. (“crédit législatif”)  R.S.O. 1990, c. F.12, s. 1; 1994, c. 17, s. 62 (1, 2); 2002, c. 8, Sched. B, s. 1; 2006, c. 33, Sched. J, s. 1; 2009, c. 18, Sched. 12, s. 1; 2010, c. 1, Sched. 7, s. 1 (1-6); 2010, c. 26, Sched. 7, s. 1; 2016, c. 5, Sched. 9, s. 1 (1); 2021, c. 40, Sched. 11, s. 1. Interpretation, head of a public entity (1.1) A reference in this Act to the head of a public entity is a reference to its chief executive officer or to a person who holds a similar position with respect to the public entity.  2010, c. 1, Sched. 7, s. 1 (7). Interpretation, appropriation for a fiscal year (2) A reference in this Act to an appropriation for or relating to a fiscal year is a reference to an appropriation that authorizes an expenditure for only that fiscal year.  2009, c. 34, Sched. J, s. 1. Interpretation, incurring of expenditure (2.1) The Crown incurs an expenditure when, (a) an amount is paid out of the Consolidated Revenue Fund or recognized as a non-cash expense or non-cash investment; or (b) a liability is charged against an appropriation under subsection 11.6 (3). 2016, c. 5, Sched. 9, s. 1 (2). Public money (3) Money is public money if it belongs to Ontario and is received or collected by the Minister of Finance or by any other public officer or by any person authorized to receive and collect such money.  2010, c. 1, Sched. 7, s. 1 (7). Same (4) Without limiting the generality of subsection (3), public money includes, (a) special funds of Ontario and the income and revenue therefrom; (b) revenues of Ontario; and (c) money raised by way of loan by Ontario or received by Ontario through the issue and sale of securities.  2010, c. 1, Sched. 7, s. 1 (7). Same, paid for a special purpose (5) Money is also public money if it is paid to Ontario for a special purpose, unless another Act provides otherwise.  2010, c. 1, Sched. 7, s. 1 (7). Exception for certain corporations (6) The following corporations and entities are deemed not to be public entities for the purposes of this Act: 1.  Repealed: 2016, c. 37, Sched. 18, s. 7. 2. Hydro One Inc. and its subsidiaries, which are deemed not to be public entities on and after the date on which subsection 1 (3) of Schedule 11 to the Building Ontario Up Act (Budget Measures), 2015 comes into force. 2015, c. 20, Sched. 11, s. 1; 2016, c. 37, Sched. 18, s. 7. Section Amendments with date in force (d/m/y) 1994, c. 17, s. 62 - 23/06/1994 2002, c. 8, Sched. B, s. 1 (1, 2) - 27/06/2002 2006, c. 33, Sched. J, s. 2 - 20/12/2006 2009, c. 18, Sched. 12, s. 1 (1-5) - 1/04/2009; 2009, c. 34, Sched. J, s. 1 - 15/12/2009 2010, c. 26, Sched. 7, s. 1 (1-7) - 1/04/2010 2015, c. 20, Sched. 11, s. 1 (1) - 4/06/2015; 2015, c. 20, Sched. 11, s. 1 (2) - 19/11/2015; 2015, c. 20, Sched. 11, s. 1 (3) - 15/10/2015 2016, c. 5, Sched. 9, s. 1 (1, 2) - 31/03/2016; 2016, c. 37, Sched. 18, s. 7 - 08/12/2016 2021, c. 40, Sched. 11, s. 1 (1, 2) - 09/12/2021 Part 0.1   Treasury Board and Ministry of Finance Treasury Board