This is an official version.

Copyright © 2010: Queen's Printer,
St. John's, Newfoundland and Labrador, Canada

Important Information
(Includes details about the availability of printed and electronic versions of the Statutes.)

Newfoundland and Labrador
Regulation 2010


NEWFOUNDLAND AND LABRADOR REGULATION 95/10

NEWFOUNDLAND AND LABRADOR
REGULATION 95/10

Low Income Tax Reduction Regulations, 2010
under the
Income Tax Act, 2000
(O.C. 2010-270)

(Filed October 12, 2010)

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, October 6, 2010.

Gary Norris
Clerk of the Executive Council

REGULATIONS

Analysis


        1.   Short title

        2.   Definition

        3.   Low income tax reduction amounts

        5.   Repeal

        6.   Commencement


Short title

        1. This order may be cited as the Low Income Tax Reduction Regulations, 2010.

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 2010 taxation year

             (a)  the amount referred to in paragraph 21.1(2.1)(a) is $562; and

             (b)  the amount referred to in paragraph 21.1(2.1)(b) is $282.

Repeal

        5. The Low Income Tax Reduction Regulations, 2009, Newfoundland and Labrador Regulation 77/09, is repealed.

Commencement

        6. These regulations shall be considered to have come into force on January 1, 2010.