10

 


Third Session, 46th General Assembly

59 Elizabeth II, 2010

BILL 10

AN ACT TO AMEND THE REVENUE ADMINISTRATION ACT

Received and Read the First Time...................................................................................................

Second Reading.................................................................................................................................

Committee............................................................................................................................................

Third Reading.....................................................................................................................................

Royal Assent......................................................................................................................................

HONOURABLE THOMAS W. MARSHALL, Q.C.

Minister of Finance and President of Treasury Board

Ordered to be printed by the Honourable House of Assembly

 

EXPLANATORY NOTES

This Bill would amend the Revenue Administration Act to increase the rate of tobacco tax by one cent a cigarette and by 2 cents per gram of tobacco.

The Bill would consequentially amend the Labrador Border Zones Rebate Regulations, 2006 to increase the rate of rebate in Labrador border zones, and would consequentially update the transitional provision.

The changes in this Bill would have a commencement date of March 30, 2010.

A BILL

AN ACT TO AMEND THE REVENUE ADMINISTRATION ACT

Analysis


        1.   S.98 Amdt.
Rate of tax

        2.   NLR 47/06 Amdt.

        3.   Commencement


Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows:

SNL2009 cR-15.01

        1. Paragraphs 98(1)(a) and (b) of the Revenue Administration Act are repealed and the following substituted:

             (a)  for cigarettes, a tax of $0.19 on every cigarette;

             (b)  for tobacco, other than cigarettes and cigars, the tax shall be $0.32 for each gram of tobacco; and

NLR 47/06 Amdt.

        2. (1) Paragraphs 2(a) and (b) of the Labrador Border Zones Rebate Regulations, 2006 are repealed and the following substituted:

             (a)  for cigarettes, $0.1075 a cigarette; and

             (b)  for tobacco, $0.2336 a gram.

             (2)  Section 3 of the regulations is amended by deleting the date "March 30, 2006" and substituting the date "March 29, 2010".

Commencement

        3. This Act shall be considered to have come into force on March 30, 2010.

ŠEarl G. Tucker, Queen's Printer