OIC Number: 2002 - 167

Date of Order: Apr 05, 2002

Statute: Gypsum Mining Income Tax Act

OIC Text: The Governor in Council on the report and recommendation of the Minister of Natural Resources dated March 7, 2002, and pursuant to

Section 7 of

Chapter 190 of the Revised Statutes of Nova Scotia, 1989, the Gypsum Mining Income Tax Act, is pleased to (

a) repeal Order in Council 75-530 dated May 20, 1975; and (

b) determine that for the purpose of a statement permitted by

Section 7 of the Act to be submitted in lieu of a detailed statement, the aggregate amount of income derived from gypsum mining operations shall be calculated at the rate of $0.48 per ton of the gypsum so mined, effective on and from April 5, 2002.

Department(s): Natural Resources