Fourth

Session, 47th General Assembly

Elizabeth II, 2015

BILL 7

AN ACT TO AMEND THE

REVENUE ADMINISTRATION ACT

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

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

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

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

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

HONOURABLE

ROSS WISEMAN

Minister of Finance and President of Treasury Board

Ordered

to be printed by the Honourable House of Assembly

EXPLANATORY NOTE

This Bill would amend the Revenue Administration Act to provide

for a tobacco tax rebate in the Labrador

border zones.

A BILL

AN ACT TO AMEND THE REVENUE ADMINISTRATION

ACT

Analysis

S.98.1 Added

Rebate of tax, Labrador border zones

S.112 Amdt.

Regulations re: tobacco 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. The Revenue

Administration Act is amended by adding immediately after

section 98 the

following:

Rebate of tax, Labrador border zones

98.1

(1) Notwithstanding paragraphs 98(1)(

a) and (b),

cigarettes and tobacco sold by a retailer in and for consumption in

(

a) the

town of Labrador City ;

(

b) the

town of Wabush ; and

(

c) the

south coast of Labrador extending from the border with the Province

of Quebec to and including the

community of Red Bay

shall be subject

to a rebate of tax which the minister may grant.

(2) A rebate of tax under subsection (1) shall be

calculated in accordance with the regulations.

(3) A retailer may apply for a rebate under this

section in the manner determined by the minister.

(4) Cigarettes and tobacco which are eligible for

a rebate under this

section are subject to a quota which shall be calculated in

accordance with the regulations and administered in the manner determined by

the minister.

(5) For the purpose of this section,

"tobacco" means tobacco other than cigarettes and cigars.

(6) Paragraph (1)(

c) comes into force on July 1,

(7) Notwithstanding subsection (3), for the period

of May 1, 2015 to June 30, 2015 the rebate under this

section for the town of Labrador City and the town of Wabush shall be administered through a

wholesaler in the manner determined by the minister.

Section 112 of the Act is amended by adding

immediately after subsection (1) the following:

(1.1) The minister may make regulations

(

a) establishing the amount of the rebate referred

to in subsection 98.1(1) and the manner in which that rebate shall be calculated

and administered; and

(

b) establishing a quota respecting the quantity

of cigarettes and tobacco which may be eligible for a rebate under

section 98.1

and the manner in which that quota shall be calculated.

Commencement

3. This Act is considered to have come into force

on May 1, 2015.

Queen's Printer