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Canada–Newfoundland and Labrador Atlantic Accord Implementation Act

Version of section 220.1 from 2010-04-01 to 2015-06-18:


Definition of average

 For the purposes of section 220, average, except within the expression “national average per capita fiscal capacity”, means a weighted average where the most recent fiscal year that is taken into account in the calculation of the fiscal equalization payment shall be weighted at 50% and each of the other two fiscal years that are taken into account in the calculation of the fiscal equalization payment shall be weighted at 25%.

  • 2007, c. 29, s. 79

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