Short title

        1. This Notice may be cited as the Department of Finance Notice, 2019 .

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Definitions

        2. In this Notice

             (a)  "department" means, unless the context indicates otherwise, the Department of Finance; and

             (b)  "minister" means, unless the context indicates otherwise, the Minister of Finance.

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Departmental structure

        3. (1) The department was restructured by Order in Council 2019-024.

             (2)  The department is presided over by the minister.

             (3)  The department has 4 branches, as follows:

             (a)  Financial Planning and Benefits Administration;

             (b)  Economic, Fiscal and Statistics;

             (c)  Office of the Comptroller General; and

             (d)  Policy, Planning and Corporate Services.

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Powers and duties of the minister

        4. The powers, functions and duties of the minister include the supervision, control and direction of all matters relating to

             (a)  fiscal forecasting, including annual budget preparation;

             (b)  Treasury Board;

             (c)  tax policy and the administration of tax statutes;

             (d)  general comptrollership, including public accounts preparation and collections;

             (e)  pensions and debt management, including debt issuance and investment;

             (f)  economic and demographic forecasting;

             (g)  internal audit; and

             (h)  representing the province on statistical matters,         

which are not, or in so far as they are not, the responsibility of another minister, agency, body, corporation, board, organization or person.

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Administration of Acts

        5. (1) The minister has sole responsibility for the administration of the Acts set out in Schedule A and of all orders and regulations passed or made under those Acts, including those powers, functions or duties necessary or desirable for carrying out the purposes of those Acts.

             (2)  The minister and the minister of the departments indicated in Schedules B and C share responsibility for the administration of the Acts set out in Schedules B and C and of the orders and regulations passed or made under those Acts, including those powers, functions or duties necessary or desirable for carrying out the purposes of those Acts.

             (3)  The minister has primary responsibility for the administration of the Acts set out in Schedule B and secondary responsibility for the administration of the Acts set out in Schedule C.

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Repeal

        6. The Department of Finance Notice, 2003 Newfoundland and Labrador Regulation 78/03, is repealed.

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Schedule A

              1.  Atlantic Provinces Harness Racing Commission Act

              2.  Crown Guarantee and Loan Act

              3.  Crown Royalties Act          

              4. Government-Javelin Taxation Act

              5.  Government Money Purchase Pension Plan Act

              6.  Income Tax Act, 2000

              7.  Industrial Development Corporation Act

              8.  Labour-Sponsored Venture Capital Tax Credit Act

              9.  Labrador Mining and Exploration Company Limited Act

            10.  Loan (Canada Pension Plan Investment Fund) Act, 1966

            11.  Loan Act

            12.  Loan and Guarantee Act, 1957

            13.  Local Authority Guarantee Act, 2005

            14.  Lotteries Act

            15.  Medical Association Agreement Act

            16.  Members of the House of Assembly Retiring Allowances Act

            17.  Municipal Financing Corporation Act

            18.  Newfoundland and Labrador Corporation Limited Act

            19.  Offshore Area Corporate Income Tax Act

            20.  Other Post-Employment Benefits Eligibility Modification Act

            21.  Pension Contributions Reduction Act

            22.  Pensions Funding Act

            23.  Portability of Pensions Act

            24.  Provincial Court Judges' Pension Plan Act

            25.  Public Service Pensions Act, 1991

            26.  Public Service Pensions Act, 2019

            27.  Revenue Administration Act

            28.  School Tax Authorities Winding Up Act

            29.  Services Charges Act

            30.  Statistics Agency Act

            31.  Stock Savings Tax Credit Act

            32.  Supply Act

            33.  Tax Agreement Act, 2010

            34.  Teachers' Pensions Act, 2018

            35.  Uniformed Services Pensions Act, 2012

            36.  Venture Capital Act

            37.  War Service Pensions Act

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Schedule B

              1.  Government-Corner Brook Pulp and Paper Limited Agreements Act (with Natural Resources)

              2.  Financial Administration Act (with Executive Council)

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Schedule C

              1.  Government-Corner Brook Pulp and Paper Limited Agreement Act, 1994 (with Fisheries and Land Resources)

              2.  Taxation of Utilities and Cable Television Companies Act (with Municipal Affairs and Environment)

              3.  Transparency and Accountability Act (with Executive Council)

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