Preparation of Public Accounts
  13. (1) Repealed:  2008, c. 6, s. 5 (1). Same, after 2002-2003 fiscal year (2) The Public Accounts for each fiscal year commencing on or after April 1, 2003  shall be prepared under the direction of the Treasurer and shall include, (a) the annual report of the Government of Ontario for the fiscal year; (b) the summary financial statements of the Government of Ontario for the fiscal year; (c) the report of the Auditor General concerning his or her examination of the summary financial statements; and (d) subject to subsection (2.2), any other information that is required, under another Act of the Legislature, to be included in the Public Accounts.  2002, c. 8, Sched. D, s. 3; 2002, c. 22, s. 142 (1); 2004, c. 17, s. 32. Expenditures under the Investing in Ontario Act, 2008 (2.0.1) An expenditure incurred by the Government of Ontario in respect of a fiscal year under the Investing in Ontario Act, 2008 shall be recorded as an expense of the Government of Ontario for that fiscal year in the summary financial statements set out in the Public Accounts for that fiscal year.  2008, c. 6, s. 5 (2). Same, additional information (2.1) The Public Accounts may include such other information as the Treasurer considers necessary.  2002, c. 22, s. 142 (2). Same, information required under other Acts (2.2) If information is required, under another Act of the Legislature, to be included in the Public Accounts for a fiscal year, that requirement shall be deemed to have been met if the information is included in the financial information supplementary to the Public Accounts that is laid before the Assembly in accordance with subsection (4).  2002, c. 22, s. 142 (2). Public Accounts to be submitted and laid before the Assembly (3) Except in extraordinary circumstances, the Treasurer shall submit the Public Accounts for each fiscal year commencing on or after April 1, 2003 to the Lieutenant Governor in Council on or before the 180th day after the end of the fiscal year and the Lieutenant Governor in Council shall, (a) lay the Public Accounts before the Assembly, if the Assembly is in session when the Public Accounts are ready to be laid before the Assembly; or (b) make the Public Accounts public, if the Assembly is not in session when the Public Accounts are ready to be laid before the Assembly, and lay the Public Accounts before the Assembly on or before the tenth day of the next session.  2002, c. 8, Sched. D, s. 3. Supplementary financial information (4) Except in extraordinary circumstances, the Treasurer may submit to the Lieutenant Governor in Council, on or before the 240th day after the end of a fiscal year commencing on or after April 1, 2003, any financial information supplementary to the Public Accounts for the fiscal year and the Lieutenant Governor in Council shall lay the information before the Assembly if it is in session or on or before the tenth day of the next session if the Assembly is not in session.  2002, c. 8, Sched. D, s. 3. Treasurer may make adjustments after end of fiscal year (5) Despite any provision of this or another Act of the Legislature, the Treasurer may, after the end of a fiscal year commencing on or after April 1, 2003, make any adjustments to the Public Accounts for the fiscal year that in his or her opinion are necessary to reflect fairly the financial position of the Government of Ontario.  2002, c. 8, Sched. D, s. 3. Disclosure in Public Accounts not breach of any agreement (6) A disclosure of information in the Public Accounts, or in any financial information supplemental to the Public Accounts, that is made in accordance with the accounting policies of the Government of Ontario, as set out in the Public Accounts, shall be deemed not to contravene the provisions of any agreement made before or after this subsection comes into force that purports to restrict or prohibit the disclosure of information.  2002, c. 8, Sched. D, s. 3. Closing books for fiscal year (7) The Treasurer may determine when the books of the Government of Ontario for a fiscal year are closed.  2002, c. 8, Sched. D, s. 3.