Second

Session, 48th General Assembly

Elizabeth II, 2017

BILL 9

AN ACT TO AMEND THE

REVENUE ADMINISTRATION ACT

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 NOTES

This Bill would amend the Revenue Administration Act to

reduce the gasoline tax by 8.5

cents per litre on June 1, 2017 and a further 4 cents per litre on December 1,

2017;

reduce the tax reduction for Labrador border zones by 8.5 cents per litre on June 1,

2017; and

discontinue the tax reduction for

Labrador border zones on December 1, 2017.

A BILL

AN ACT TO AMEND THE REVENUE ADMINISTRATION

ACT

Analysis

S.51 Amdt.

Tax levied

S.52 R&S

Tax reduction for Labrador border zones

S.52 Rep.

Tax reduction for Labrador border zones

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. Paragraph 51(1)(

e) of the Revenue Administration Act is repealed and the following

substituted:

(

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

(i) $0.33 per litre for the period ending May 31,

2017,

(ii) $0.245 per litre for the period beginning June

1, 2017 and ending November 30, 2017, and

(iii) $0.205 per litre for the period beginning December

1,

Section 52 of the Act is repealed and the

following substituted:

Tax reduction for

Labrador border zones

52. Notwithstanding

paragraph 51(1)(e), where a person acquires gasoline, other than diesel fuel,

at a retail sale in the town of Labrador City, the town of Wabush or south

coast Labrador extending from the border with the province of Quebec to and

including the community of Red Bay, in respect of the consumption or use of the

gasoline in those areas, the tax payable to the Crown at the time of the sale

under paragraph 51(1)(

e) shall be reduced by

(a) $0.10 per litre for the period ending May 31,

2017; and

(b) $0.015 per litre for the period beginning June

1, 2017 and ending November 30,

Section 52 of the Act is repealed.

Commencement

Section 3 of this Act comes into force on

December 1, 2017.

Queen's Printer