First

Session, 48th General Assembly

Elizabeth II, 2016

BILL 20

AN ACT TO AMEND THE

REVENUE ADMINISTRATION ACT NO. 3

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 NOTE

This Bill would amend the Revenue Administration Act to provide

for an increase in the tax on gasoline and related products.

A BILL

AN ACT TO AMEND THE REVENUE ADMINISTRATION

ACT NO. 3

Analysis

S.51 Amdt.

Tax levied

2. S. 56 Amdt.

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 51(1)(c), (

d) and (

e) of the Revenue Administration Act are repealed

and the following substituted:

(

c) on diesel fuel grade of gasoline, a tax of

$0.215 per litre;

(

d) on gasoline for use in an aircraft, a tax of

$0.025 per litre; and

(

e) on all other grades of gasoline, a tax of

$0.33 per litre.

2. Subsection 56(1) of the Act is amended by

deleting the reference "paragraph 51(1)(e)" and by substituting the

reference "paragraph 51(1)(c)".

Commencement

(1) Section 1 of this Act is considered to

have come into force on June 2, 2016.

(2) Section 2 of this Act is considered to have

come into force on May 28, 2009.

Queen's Printer