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(8) Subsections (4) and (5) apply in
respect of months that are after June 1997.
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PART 7 |
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GOODS AND SERVICES TAX CREDIT |
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R.S., c. 1 (5th
Supp.)
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Income Tax Act |
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37. (1) Paragraph 122.5(3)(e) of the
Income Tax Act is replaced by the following:
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(2) Subsection (1) applies to amounts
deemed to be paid in specified months that
are after June 1999.
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PART 8 |
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DISCLOSURE OF CONFIDENTIAL INFORMATION |
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R.S., c. E-15
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Excise Tax Act |
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38. Subsection 295(5) of the Excise Tax
Act is amended by striking out the word
``or'' at the end of paragraph (i), by adding
the word ``or'' at the end of paragraph (j)
and by adding the following after
paragraph (j):
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1993, c. 27,
s. 135
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39. Paragraph 328(2)(a) of the Act is
replaced by the following:
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R.S., c. 1 (5th
Supp.)
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Income Tax Act |
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40. Paragraph 239(2.21)(a) of the Income
Tax Act is replaced by the following:
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41. Subsection 241(4) of the Act is
amended by striking out the word ``or'' at
the end of paragraph (l), by adding the word
``or'' at the end of paragraph (m) and by
adding the following after paragraph (m):
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PART 9 |
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AMENDMENTS TO OTHER ACTS |
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1997, c. 20
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Agricultural Marketing Programs Act |
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42. Subsection 5(1) of the Agricultural
Marketing Programs Act is replaced by the
following:
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Agreements to
guarantee
repayment of
advances
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5. (1) Subject to the other provisions of this
Act, the Minister may make an agreement
with an administrator or with an administrator
and a lender for the purposes of
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Lender
guarantee
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(1.1) An advance guarantee agreement may
be made only with an administrator and a
lender if the Minister is satisfied that doing so
will reduce the interest payable to the lender
and the agreement is made subject to terms
and conditions approved by the Minister of
Finance.
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Conditions
concerning
the guarantee
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(1.2) If a guarantee under the advance
guarantee agreement is made to a lender, the
agreement must provide, in addition to any
other terms and conditions, that the interest
rate on the money provided by the lender will
not exceed the rate specified in the agreement.
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43. Section 6 of the Act is replaced by the
following:
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Obligations of
administra- tors
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6. A guarantee, other than a guarantee made
to a lender, is not effective unless the
administrator complies with this Act and the
advance guarantee agreement.
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44. Section 8 of the Act is repealed.
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45. Subsection 10(1.1) of the Act is
replaced by the following:
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Sharing
security
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(1.1) For the purpose of paragraph (1)(h),
the producer's eligibility is not affected by the
administrator sharing its security interest with
another creditor in accordance with terms and
conditions specified in the advance guarantee
agreement.
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46. The portion of subsection 23(1) of the
Act before paragraph (a) is replaced by the
following:
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Payments to
be made by
Minister
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23. (1) If a producer is in default under a
repayment agreement and the Minister
receives a request for payment from the
administrator or lender to whom the guarantee
is made, the Minister must, subject to any
regulations made under paragraphs 40(1)(g)
and (g.1), pay to the lender or the
administrator, as specified in the advance
guarantee agreement, an amount equal to the
Minister's percentage of
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47. Subsection 40(1) of the Act is
amended by adding the following after
paragraph (g):
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48. Sections 42 to 47 apply to crop years
beginning on or after April 1, 1998.
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1991, c. 12
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European Bank for Reconstruction and Development Agreement Act |
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49. Subsection 6(2) of the European Bank
for Reconstruction and Development
Agreement Act is replaced by the following:
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Supplemen- tary payments
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(2) The Minister may provide for further
payments to the Bank, in respect of
supplementary subscriptions of shares, by
way of
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Payment out
of C.R.F.
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(3) The Minister may make payments out of
the Consolidated Revenue Fund for the
purposes of subsection (2) in an aggregate
amount not exceeding US$85,988,945.20, or
any greater amount that is specified in an
appropriation Act.
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R.S., c. P-4
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Patent Act |
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1993, c. 2,
s. 7; 1994, c.
26, s. 55(F)
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50. Section 103 of the Patent Act is
replaced by the following:
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Agreements
with
provinces
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103. The Minister may enter into
agreements with any province respecting the
distribution of, and may pay to that province
out of the Consolidated Revenue Fund,
amounts received or collected by the Receiver
General under section 83 or 84 or in respect of
an undertaking given by a patentee or former
patentee that is accepted by the Board in lieu
of holding a hearing or making an order under
section 83, less any costs incurred in relation
to the collection and distribution of those
amounts.
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