16 |
|
|
|
First Session, 45th General Assembly 53 Elizabeth II, 2004 |
|
AN ACT TO AMEND THE FINANCIAL ADMINISTRATION ACT |
|
Received and Read the First Time |
|
Second Reading |
|
Committee |
|
Third Reading |
|
Royal Assent |
|
HONOURABLE LOYOLA SULLIVAN Minister of Finance and President of Treasury Board |
|
Ordered to be printed by the Honourable House of Assembly |
EXPLANATORY NOTE This Bill would permit the province to participate in the program administered by the Minister of National Revenue for Canada permitting recovery of provincial and federal debts from income tax refunds and repayments.
A BILL AN ACT TO AMEND THE FINANCIAL ADMINISTRATION ACT Analysis 1. S.31.1 Added Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows: RSNL1990 cF-8 1. The Financial Administration Act is amended by adding immediately after section 31 the following: Recovery from refund or repayment 31.1 The minister may refer a debt due to the Crown or to a Crown agency to the Minister of National Revenue for Canada for recovery from the amount of a refund or repayment that may otherwise be made under section 164 of the Income Tax Act (Canada) or under the Income Tax Act, 2000.
©Earl G. Tucker, Queen's Printer |