6

 

 

Third Session, 45th General Assembly

55 Elizabeth II, 2006

 

BILL 6

AN ACT TO AMEND THE TOBACCO TAX ACT

Received and Read the First Time...................................................................................................

Second Reading.................................................................................................................................

Committee............................................................................................................................................

Third Reading.....................................................................................................................................

Royal Assent......................................................................................................................................

HONOURABLE LOYOLA SULLIVAN

Minister of Finance and President of Treasury Board

Ordered to be printed by the Honourable House of Assembly

 

EXPLANATORY NOTE

This Bill would amend the Tobacco Tax Act to provide for the increase in tax announced in the budget speech delivered on March 30, 2006.

A BILL

AN ACT TO AMEND THE TOBACCO TAX ACT

Analysis


        1.   S.9 Amdt.
Rate of tax

        2.   Commencement


Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows:

RSNL1990 cT-5
as amended

        1. Paragraphs 9(1)(a) and (b) of the Tobacco Tax Act are repealed and the following substituted:

             (a)  in the case of cigarettes, a tax of $0.18 on every cigarette;

             (b)  in the case of tobacco, other than cigarettes and cigars, the tax shall be $0.30 for each gram of tobacco; and

Commencement

        2. This Act is considered to have come into force on March 31, 2006.