Fourth

Session, 45th General Assembly

Elizabeth II, 2007

BILL 20

AN ACT TO AMEND THE

RETAIL SALES TAX ACT

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

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

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

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

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

HONOURABLE

THOMAS W. MARSHALL, Q.C.

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 Retail Sales Tax Act to provide for the

reduction in the tax payable at the time of sale of a second hand motor vehicle

announced by the Minister of Finance in the budget speech.

A BILL

AN ACT TO AMEND THE RETAIL

SALES TAX ACT

Analysis

1. S.3 Amdt.

Tax

2. S.17 Amdt.

Property brought into province

3. Commencement

Be it enacted by the Lieutenant-Governor and

House of Assembly in Legislative Session convened, as follows:

RSNL1990 cR-15

as amended

Section 3 of the Retail Sales Tax Act is amended by striking out the number

"15" and substituting the number "14".

2. Paragraph 17(1 )(

c) of

the Act is amended by striking out the number "15" and substituting

the number "14".

Commencement

3. This Act is considered to have come into force

on April 27,

2007 .

Earl G. Tucker, Queen's Printer