NEWFOUNDLAND AND LABRADOR REGULATION 47/06

NEWFOUNDLAND AND LABRADOR
REGULATION 47/06

Labrador Border Zones Rebate Regulations, 2006
under the
Tobacco Tax Act

(Filed June 12, 2006)

Under the authority of section 45.2 of the Tobacco Tax Act, I make the following regulations.

Dated at St. John's, June 2, 2006

Loyola Sullivan
Minister of Finance

REGULATIONS

Analysis

1. Short title

2. Rebate amount

3. Transitional

4. Repeal

5. Commencement

Short title

1. These regulations may be cited as the Labrador Border Zones Rebate Regulations, 2006.

Rebate amount

2. The rebate of tax in Labrador border zones established under section 9 of the Tobacco Tax Act for tobacco shall be

(a) for cigarettes, $0.0975 per cigarette; and

(b) for tobacco, $0.2136 per gram.

Transitional

3. Notwithstanding section 2, where a dealer submitted a rebate on or before March 30, 2006, that rebate shall be processed at the rate in effect on the date the cigarettes or tobacco subject to the rebate were purchased.

Repeal

4. The Labrador Border Zones Rebate Regulations, 2004, Newfoundland and Labrador Regulation 63/04, are repealed.

Commencement

5. These regulations shall be considered to have come into force on March 31, 2006.