5

 

Fourth Session, 44th General Assembly

51 Elizabeth II, 2002

BILL 5

AN ACT TO AMEND THE TOBACCO TAX ACT

Received and Read the First Time

Second Reading

Committee

Third Reading

Royal Assent

HONOURABLE JOAN MARIE AYLWARD

Minister of Finance and President of Treasury Board

Ordered to be printed by the Honourable House of Assembly

 

 

EXPLANATORY NOTES

Clause 1 of the Bill would amend the Tobacco Tax Act to adjust the rate of tax on manufactured cigarettes and fine cut tobacco as announced in the Budget, 2002.

Clause 2 of the Bill amends the Act to allow the regulations made by the minister with respect to the rebate of tax in Labrador border zones to be made with retroactive effect.

Clause 3 of the Bill makes the change of the rates of tax retroactive to the date announced in the Budget, 2002.

 

A BILL

AN ACT TO AMEND THE TOBACCO TAX ACT

Analysis

1. S.9 Amdt.
Rate of tax

2. S.45.2 Amdt.
Regulations by minister

3. Commencement

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


RSNL1990 cT-5
as amended

1. (1) Paragraph 9(1)(a) of the Tobacco Tax Act is amended by deleting the amount "$0.11" and substituting the amount "$0.135".

(2) Paragraph 9(1)(b) of the Act is repealed and the following substituted:

(b) in the case of tobacco, other than cigarettes and cigars, the tax shall be $0.11 for each gram of tobacco;

 

2. Section 45.2 of the Act is amended by renumbering it as subsection 45.2(1) and by adding immediately after that the following:

(2) Regulations made under this section may be made with retroactive effect.

Commencement

3. This Act is considered to have come into force on March 22, 2002.

 

 

 

 

©Earl G. Tucker, Queen's Printer