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Copyright © 2009: Queen's Printer,
Statutes of Newfoundland and Labrador 2009
AN ACT TO AMEND THE LABOUR-SPONSORED VENTURE CAPITAL TAX CREDIT ACT
Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows:
1. (1) Paragraph 8(1)(a) of the Labour-Sponsored Venture Capital Tax Credit Act is amended by striking out the number and symbol "15%" and substituting the number and symbol "20%".
(2) Paragraph 8(2)(d) of the Act is repealed and the following substituted:
(d) the aggregate investment in eligible shares, for which entitlements to tax credit certificates the eligible investor has applied for in the year, does not exceed $10,000;
2. (1) Subsection 1(1) of this Act is
considered to have come into force on
(2) Subsection 1(2) of this Act is considered to
have come into force on
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