20

 


Fourth Session, 45th General Assembly

56 Elizabeth II, 2007

BILL 20

AN ACT TO AMEND THE RETAIL SALES TAX ACT

Received and Read the First Time...................................................................................................

Second Reading.................................................................................................................................

Committee............................................................................................................................................

Third Reading.....................................................................................................................................

Royal Assent......................................................................................................................................

HONOURABLE THOMAS W. MARSHALL, Q.C.

Minister of Finance and President of Treasury Board

Ordered to be printed by the Honourable House of Assembly

 

EXPLANATORY NOTE

This Bill would amend the Retail Sales Tax Act to provide for the reduction in the tax payable at the time of sale of a second hand motor vehicle announced by the Minister of Finance in the budget speech.

A BILL

AN ACT TO AMEND THE RETAIL
SALES TAX ACT

Analysis


        1.   S.3 Amdt.
Tax

        2.   S.17 Amdt.
Property brought into province

        3.   Commencement


Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows:

RSNL1990 cR-15
as amended

        1. Section 3 of the Retail Sales Tax Act is amended by striking out the number "15" and substituting the number "14".

 

        2. Paragraph 17(1)(c) of the Act is amended by striking out the number "15" and substituting the number "14".

Commencement

        3. This Act is considered to have come into force on April 27, 2007.