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Third
Session, 47th General Assembly 63
Elizabeth II, 2014 |
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AN ACT TO AMEND THE
REVENUE ADMINISTRATION ACT AND THE TAX AGREEMENT ACT, 2010 |
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Received and Read the First Time................................................................................................. |
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Second |
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Committee.......................................................................................................................................... |
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Third |
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Royal Assent...................................................................................................................................... |
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HONOURABLE
CHARLENE JOHNSON Minister of Finance and President of Treasury Board |
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Ordered
to be printed by the Honourable House of Assembly |
EXPLANATORY NOTES The Bill would amend the Revenue Administration Act to allow the Lieutenant-Governor in Council to make regulations providing for the recovery of overpayments of rebates. The Bill would also amend the Tax Agreement Act, 2010 to allow the Lieutenant-Governor in Council · to make regulations providing for the recovery of overpayments of rebates; and · to make regulations with retroactive effect. |
A BILL AN ACT TO AMEND THE REVENUE ADMINISTRATION ACT AND THE TAX AGREEMENT ACT, 2010 Analysis REVENUE ADMINISTRATION ACT 1.
S.107 Amdt. TAX AGREEMENT ACT, 2010 2.
S.7 Amdt. 3. Commencement Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows: REVENUE ADMINISTRATION ACT SNL2009 cR-15.01 as amended 1. Section 107 of the Revenue Administration Act is amended by adding immediately after paragraph (f.1) the following: (f.2) providing for the recovery of overpayments of rebates; TAX AGREEMENT ACT, 2010 SNL2010 cT-0.02 2. (1) Section 7 of the Tax Agreement Act, 2010 is amended by renumbering it as subsection 7(1). (2) Subsection 7(1) of the Act is amended by deleting the word “and” at the end of paragraph (a) and by adding immediately after paragraph (a) the following: (a.1) providing for the recovery of overpayments of rebates; and (3) Section 7 of the Act is amended by adding immediately after subsection (1) the following: (2) Regulations made under this section may be made with retroactive effect. Commencement 3. Section 1 and subsections 2(1) and (2) are considered to have come into force on April 1, 2013. ©Queen's Printer |