Bill C-54
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2nd Session, 37th Parliament, 51-52 Elizabeth II, 2002-2003
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House of Commons of Canada
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BILL C-54 |
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An Act to amend the Federal-Provincial Fiscal
Arrangements Act and the
Federal-Provincial Fiscal Arrangements
Regulations, 1999
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| R.S., c. F-8;
1995, c. 17, s.
45(1)
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FEDERAL-PROVINCIAL FISCAL ARRANGEMENTS ACT |
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| 1999, c. 11,
s. 1
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1. Section 3 of the Federal-Provincial
Fiscal Arrangements Act is replaced by the
following:
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| Fiscal
equalization
payments
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3. Subject to this Act, the Minister may pay
to a province for each fiscal year in the period
beginning on April 1, 1999 and ending on
March 31, 2005 a fiscal equalization payment
not exceeding the amount computed in accor
dance with section 4.
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| 1999, c. 11,
s. 2(4)
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2. The portion of subsection 4(6) of the
Act before paragraph (a) is replaced by the
following:
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| Minimum
payment to
province in
certain cases
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(6) Notwithstanding subsections (1) to (5)
but subject to subsection (9), the fiscal
equalization payment that may be paid to a
province in respect of each fiscal year in the
period beginning on April 1, 1999 and ending
on March 31, 2005 , if the province received a
fiscal equalization payment in respect of the
immediately preceding fiscal year, shall not
be less than the greater of
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| SOR/2000-10
0
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FEDERAL-PROVINCIAL FISCAL ARRANGEMENTS REGULATIONS, 1999 |
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3. The definition ``fiscal arrangements
period'' in subsection 1(1) of the
Federal-Provincial Fiscal Arrangements
Regulations, 1999 is replaced by the
following:
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``fiscal arrangements period'' means the
period beginning on April 1, 1999 and
ending on March 31, 2005 . (période des
accords fiscaux)
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COMING INTO FORCE |
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| Coming into
force
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4. This Act comes into force on a day to be
fixed by order of the Governor in Council.
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