CONSOLIDATED
NEWFOUNDLAND
AND
LABRADOR
REGULATION 1130/96
School Tax Winding Up Regulations
under the
School Tax Authorities Winding Up Act
(O.C. 96-876)
Amended by:
73/04
CONSOLIDATED
NEWFOUNDLAND
AND
LABRADOR
REGULATION 1130/96
School Tax Winding Up Regulations
under the
School Tax Authorities Winding Up Act
(O.C. 96-876)
Under the authority of section 8 of the School Tax Authorities Winding Up Act
and the Subordinate Legislation Revision and Consolidation Act
, the Lieutenant-Governor in Council makes the following regulations.
REGULATIONS
Analysis
Short title
1.
These regulations may be cited as the School Tax Winding Up Regulations
.
199/92 s1
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Forgiveness of remaining portion
2.
Where a person pays all arrears of school tax assessed for years before 1992, and half of the school tax assessed for 1992, not later than
January 31, 1993
, the remaining portion of the 1992 tax assessment shall be forgiven.
199/92 s2
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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.
73/04 s1
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Repeal
4.
The School Tax Winding Up Regulations, 1992, Newfoundland Regulation 199/92, are repealed.
©Earl G. Tucker, Queen's Printer