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(a) the total revenues, as determined by the
Minister, derived by the province for the
fiscal year from the revenue sources
described in the definition ``revenue
source'' in subsection 4(2), other than the
revenue sources described in paragraphs (z)
and (z.4) of that definition, and
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1995, c. 17,
s. 47(3)
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(3) Subsections 6(2.1) and (2.2) of the Act
are replaced by the following:
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Certain
revenues
excluded
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(2.2) For the purpose of determining the
fiscal stabilization payment that may be paid
to a province for a fiscal year that begins on or
after April 1, 1996,
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(a) revenue subject to stabilization of a
province for the fiscal year and for the
immediately preceding fiscal year does not
include the amounts referred to in
paragraph (2)(c), as it read on March 31,
1996; and
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(b) notwithstanding subsection (3), the
following amounts shall be deducted from
the amount otherwise determined under this
section:
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(i) the total equalized tax transfer to the
province in respect of the Canada Health
and Social Transfer, as determined in
accordance with subsection 16(1), and in
respect of established programs, as
determined in accordance with
subsection 16(1), as it read on March 31,
1996, and
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(ii) the value of the additional tax
abatement units in respect of the Canada
Health and Social Transfer, as
determined in accordance with
subsection 27(2), and in respect of
established programs, as determined in
accordance with subsection 28(1), as it
read on March 31, 1996.
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R.S., c. 11
(3rd Supp.),
s. 5(5)
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(4) Paragraph 6(6)(a) of the Act is
replaced by the following:
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(a) the total revenues, as determined by the
Minister, derived by the province for the
immediately preceding fiscal year from the
revenue sources described in paragraphs (l)
to (w) of the definition ``revenue source'' in
subsection 4(2) and the part of the revenue
source described in paragraph (z.5) of that
definition that relates to natural resources
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1994, c. 2,
s. 3
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4. Paragraph 9(a) of the Act is replaced
by the following:
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(a) apply to a taxation year coinciding with
a calendar year ending in a fiscal year
occurring in the period beginning on April
1, 1999 and ending on March 31, 2004, and
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5. Subparagraph 40(a)(ii) of the Act is
replaced by the following:
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(ii) the expressions referred to in
paragraphs (a) to (z.5) of the definition
``revenue source'' in subsection 4(2);
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Coming into
force
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6. This Act comes into force or is deemed
to have come into force on April 1, 1999.
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