ST. JOHN’S, WEDNESDAY, JUNE 30, 2021 THE NEWFOUNDLAND AND LABRADOR GAZETTE EXTRAORDINARY

PART II PUBLISHED BY AUTHORITY NEWFOUNDLAND AND LABRADOR REGULATION NLR 34/21 NEWFOUNDLAND AND LABRADOR REGULATION 34/21 Film and Video Industry Tax Credit Regulations (Amendment) under the Income Tax Act, 2000 (O.C. 2021-176) (Filed June 30, 2021) Under the authority of

section of the Income Tax Act, 2000, the Lieutenant-Governor in Council makes the following regulations. Dated at St. John’s, June 29, 2021. Gary Norris Clerk of the Executive Council REGULATIONS Analysis 1. S.7 Amdt. Tax credit 2. Commencement 1. Subsection 7(4) of the Film and Video Industry Tax Credit Regulations is repealed and the following substituted:

(4) The maximum tax credit within a 12 month period that may be received by an eligible corporation, together with all corporations associated with that corporation, in respect of all eligible projects commenced on or after July 1, 2021 is $5,000,000. 2. These regulations come into force on July 1, 2021. ©Queen's Printer NLR 3/99 as amended Commencement Extraordinary Gazette June 30, 2021 Extraordinary Gazette Index

PART II CONTINUING INDEX OF SUBORDINATE LEGISLATION Title of Act and Subordinate Legislation made thereunder CNLR or NL Reg. Amendment NL Gazette Date & Page No. Income Tax Act, 2000 Film and Video Industry Tax Credit Regulations (Amendment) (In force July 1, 2021) NLR 34/21 Amends NLR 3/99 S.7 Amdt. Jun. 30/21 p. 3 ST. JOHN’S, WEDNESDAY, JUNE 30, 2021 5