First

Session, 49th General Assembly

Elizabeth II, 2020

BILL 45

AN ACT TO AMEND THE

REVENUE ADMINISTRATION ACT NO. 3

Received

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

Second

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

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

Third

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

Royal

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

HONOURABLE SIOBHAN

COADY

Minister of Finance

Ordered to be printed by

the Honourable House of Assembly

EXPLANATORY NOTES

This Bill would amend the Revenue Administration Act to increase

the tax on cigarettes and tobacco.

A BILL

AN ACT TO AMEND THE REVENUE ADMINISTRATION

ACT NO. 3

Analysis

S.98 Amdt.

Rate of tax

Commencement

Be it enacted by the Lieutenant-Governor and

House of Assembly in Legislative Session convened, as follows:

SNL2009 cR-15.01

as amended

1. Paragraphs 98(

a) and (

b) of the Revenue Administration Act are repealed

and the following substituted:

(

a) for cigarettes, a tax of $0.295 on every

cigarette;

(

b) for tobacco, other than cigarettes and cigars,

a tax of $0.50 for each gram of tobacco; and

Commencement

2. This Act is considered to have come into force

on October 1, 2020.

Queen's Printer