Government of the Northwest Territories

Manuel sur l’administration financière

IB 630.01 Order of Settlement of Monetary Claims

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Effective Date: April 1, 2016
Applicable FAM Policies: Set-off of Amounts Owing to Others
Applicability: GNWT Departments and Public Agencies

The deduction and retention of consolidated revenue funds the Government owes to a person and used to offset money that person owes to the Government must be applied in a manner specified by the Comptroller General.

INTERPRETATION

Order of Settlement of Monetary Claims

The Comptroller General must settle any concurrent claims against a debt in the following order:

  • First – To fulfil legal obligations registered by a third-party;
  • Second - setoffs of overdue amounts owing to the Government;
  • Third – assignments.

Note: At the discretion of the Comptroller General, an assignment may be honored before a debt set-off.