Federal-Provincial Fiscal Arrangements Act (R.S.C. 1970, c. F-6)

Marginal note:Agreements under former Act

21 Where an agreement was entered into pursuant to subsection 6(1) or (2) of the former Act, the agreement shall be deemed to have been entered into pursuant to subsection 20(1).

Marginal note:Advance payments under agreements

22 Where a province has entered into a tax collection agreement, the Minister, in accordance with the regulations, may make advance payments to the province out of the Consolidated Revenue Fund on account of any amount that may become payable to the province pursuant to the agreement.

Regulations

Marginal note:Regulations

23 The Governor in Council may make regulations

• (a) defining, for the purposes of this Act,

  • (i) the expression revenue base in subsection 8(2),

  • (ii) the expressions in paragraphs (a) to (p) of the definition revenue source in subsection 8(2),

  • (iii) the expressions junior matriculation and post-secondary level in subsection 11(1),

  • (iv) the expression assisted, sponsored or contract research, and

  • (v) the expression operating expenditures incurred for post-secondary education by or in respect of an educational institution or secondary institution;

• (b) respecting the payment to a province of advances on account of any amount that may become payable to the province pursuant to this Act or a tax collection agreement, the adjustment of other payments by reason of such advances and the recovery of overpayments;

• (c) prescribing the time and manner of making any payment under this Act or a tax collection agreement;

• (d) prescribing the accounts to be kept and their management;

• (e) respecting the determination of any matter that under this Act is to be determined by the Minister or the Secretary of State of Canada;

• (f) respecting any matter that by this Act is to be defined, provided or prescribed by, or done in accordance with, the regulations; and

• (g) generally for carrying into effect the purposes and provisions of this Act.