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Newfoundland and Labrador
Regulation 2003


NEWFOUNDLAND AND LABRADOR REGULATION 66/03

NEWFOUNDLAND AND LABRADOR
REGULATION 66/03

Newfoundland and Labrador Child Benefit
Regulations (Amendment)
under the
Income Tax Act, 2000
(O.C. 2003-249)

(Filed June 3, 2003)

Under the authority of section 68 of the Income Tax Act, 2000, the Lieutenant-Governor in Council makes the following regulations.

Dated at St. John’s, May 30, 2003.

Tim Murphy
Deputy Clerk of the Executive Council

REGULATIONS

Analysis


        1.   S.4. Amdt.
Child benefit calculation

        2.   S.5 Amdt.
Benefit reduction calculation

        3.   Commencement


NLR 45/99
 as amended

        1. Section 4 of the Newfoundland and Labrador Child Benefit Regulations is amended by deleting the amount "$204" and substituting the amount "$216".

 

        2. Section 5 of the regulations is amended

             (a)  in subparagraph (b)(i), by deleting the figure "4.08%" and substituting the figure "4.32 %";

             (b)  in subparagraph (b)(ii), by deleting the figure "10.32%" and substituting the figure "10.56%";

             (c)  in subparagraph (b)(iii), by deleting the figure "17.04%" and substituting the figure "17.28%"; and

             (d)  in subparagraph (b)(iv), by deleting the figure "17.04%" and substituting the figure "17.28%".

Commencement

        3. These regulations shall come into force on July 1, 2003.