NEWFOUNDLAND AND LABRADOR
REGULATION 77/09

Low Income Tax Reduction Regulations, 2009
under the
Income Tax Act, 2000
(O.C. 2009-265)

(Filed August 26, 2009)

Under the authority of sections 21.1 and 68 of the Income Tax Act, 2000, the Lieutenant-Governor in Council makes the following regulations.

Dated at St. John's, August 24, 2009.

Gary Norris
 Clerk of the Executive Council

REGULATIONS

Analysis

        1.   Short title

        2.   Definition

        3.   Low income tax reduction amounts

        4.   Repeal.

        5.   Commencement

Short title

        1. These regulations may be cited as the Low Income Tax Reduction Regulations, 2009.

Definition

        2. In these regulations "Act" means the Income Tax Act, 2000.

Low income tax reduction amounts

        3. For the purpose of the Act, for the 2009 taxation year

             (a)  the amount referred to in paragraph 21.1(2.1)(a) is $558; and

             (b)  the amount referred to in paragraph 21.1(2.1)(b) is $280.

Repeal.

        4. (1) The Low Income Tax Reduction Regulations, Newfoundland and Labrador Regulation 122/07, are repealed.

             (2)  The Low Income Tax Reduction Regulations, 2008, Newfoundland and Labrador Regulation 20/09, are repealed.

Commencement

        5. These Regulations shall be considered to have come into force on January 1, 2009.

©Earl G. Tucker, Queen's Printer