2005 c.01 CORPORATION CAPITAL TAX BILL No. 23 of

An Act to amend The Corporation Capital Tax Act (Assented to ) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Saskatchewan, enacts as follows:

Short title This Act may be cited as The Corporation Capital Tax Amendment Act, 2005 (No. 2). S.S. 1979-80, c.C-38.1,

section amended Subsection 13(2.1) of The Corporation Capital Tax Act is repealed and the following substituted: “

(2.1) The tax payable by a financial institution is 0.7% of its amount taxable if the aggregate taxable paid-up capital of the financial institution, including all of its associated corporations, is equal to or less than: (

a) in the case of a taxation year commencing after June 30, 1999 and ending before October 31, 2003, $400 million; or (

b) in the case of a taxation year ending on or after October 31, 2003, $1 billion”. Coming into force This Act comes into force on assent but is retroactive and is deemed to have been in force on and from October 31, 2003. CORPORATION CAPITAL TAXc.01 2005 REGINA, SASKATCHEWAN Printed by the authority of THE QUEEN’S PRINTER Copyright©2005