{"id":496,"date":"2020-01-23T15:38:54","date_gmt":"2020-01-23T15:38:54","guid":{"rendered":"https:\/\/www.fnfa.dev4.oracastdev.com\/?post_type=fnfa_faq&#038;p=496"},"modified":"2020-03-13T16:35:51","modified_gmt":"2020-03-13T16:35:51","slug":"what-is-the-first-nations-fiscal-management-act-fnfma-and-how-can-my-community-become-part-of-it","status":"publish","type":"fnfa_faq","link":"https:\/\/fnfa.ca\/en\/fnfa-faq\/what-is-the-first-nations-fiscal-management-act-fnfma-and-how-can-my-community-become-part-of-it\/","title":{"rendered":"What is the First Nations Fiscal Management Act (FNFMA) and how can my community become part of it?"},"template":"","class_list":["post-496","fnfa_faq","type-fnfa_faq","status-publish","hentry"],"acf":{"answer":"<p>The <em>FNFMA<\/em> is a federal law that came into effect in 2006 which established a suite of institutions: the First Nations Finance Authority, the First Nations Tax Commission, and the First Nations Financial Management Board. Each of these institutions has a specific mandate, structure, and mission. Where they overlap is the creation of a powerful qualification, borrowing, oversight, safeguards, and default regimes for borrowing.<\/p>\n<p>Borrowing through the FNFA can be secured by Other Revenues (<em>Financing Secured by Other Revenues Regulations) <\/em>and by property tax <em>(FNFMA).<\/em><\/p>\n"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What is the First Nations Fiscal Management Act (FNFMA) and how can my community become part of it? - FNFA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fnfa.ca\/en\/fnfa-faq\/what-is-the-first-nations-fiscal-management-act-fnfma-and-how-can-my-community-become-part-of-it\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is the First Nations Fiscal Management Act (FNFMA) and how can my community become part of it? 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