First Session, 48th

General Assembly

65 Elizabeth II,

BILL 23

AN ACT TO AMEND THE REVENUE

ADMINISTRATION ACT NO. 6

Received

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

Second

Reading ............................................................................................

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

Third

Reading ...............................................................................................

Royal

Assent .................................................................................................

HONOURABLE CATHY

BENNETT

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 modify the

reduction to the gasoline tax rate and expand the area to which the reduction applies.

A BILL

AN ACT TO AMEND THE REVENUE ADMINISTRATION

ACT NO. 6

Analysis

S.52 R&S

Tax reduction for Labrador border zones

Commencement

Be it enacted by the Lieutenant-Governor and

House of Assembly in Legislative Session convened, as follows:

SNL2009 cR-15.01

as amended

Section 52 of the Revenue Administration Act is repealed and the following

substituted:

Tax reduction for

Labrador border zones

52. Notwithstanding paragraph 51(1)(e), where a

person acquires gasoline, other than diesel fuel, at a retail sale in the town

of Labrador City, the town of Wabush or south coast Labrador extending from the

border with the province of Quebec to and including the community of Red Bay,

in respect of the consumption or use of the gasoline in those areas, the tax

payable to the Crown at the time of the sale under paragraph 51(1)(

e) shall be

reduced by $0.10 per litre.

Commencement

2. This Act is considered to have come into force

on June 2, 2016.

Queen's Printer