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Newfoundland and Labrador
Regulation 2004


NEWFOUNDLAND AND LABRADOR REGULATION 73/04

NEWFOUNDLAND AND LABRADOR
REGULATION 73/04

School Tax Winding Up Regulations (Amendment)
under the
School Tax Authorities Winding Up Act
(O.C. 2004-268)

(Filed July 9, 2004)

Under the authority of section 8 of the School Tax Authorities Winding Up Act, the Lieutenant-Governor in Council makes the following regulations.

Dated at St. John's, June 28, 2004.

Robert C. Thompson
Clerk of the Executive Council

REGULATIONS

Analysis


        1.   S.3 R&S
Interest on sum due

        2.   Commencement


CNLR 1130/96

        1. Section 3 of the School Tax Winding Up Regulations is repealed and the following substituted:

Interest on sum due

        3. Interest shall be levied upon a sum due to be paid under the Act at the rate of 1.2% compounded per month, or part of a month, from November 1, 1992 to the date of payment.

Commencement

        2. These regulations are considered to have come into force on November 1, 1992.