A provincial government provides a grant to one of its cities to support a summer festival. The provincial government can recognize this transfer when it has been fully authorized. When is the transfer considered fully authorized?

Question

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The transfer would be considered fully authorized when it has been approved by the legislature. This is because the legislature (which is responsible for making laws and decisions on behalf of the province) would need to approve the transfer before it can be considered legally valid and binding. Approval by the government minister or the receipt and use of the grant by the city may be important steps in the process, but the ultimate authorization would come from the legislature.

A Provincial Government Provides a Grant to One of Its