E-15Excise Tax ActSOR/91-20199012

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EXCISE TAX ACTSpecified Tangible Personal Property (GST/HST) RegulationsRegulations Prescribing the Threshold Amount Respecting Specified Tangible Personal PropertyP.C.1990-2729199012

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His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to subsection 277(1)* of the Excise Tax Act, is pleased hereby to make the annexed Regulations prescribing the threshold amount and percentage of the tax respecting specified tangible personal property.*S.C. 1990, c. 45, s. 12SHORT TITLE

1.These Regulations may be cited as the Specified Tangible Personal Property (GST/HST) Regulations.

• SOR/99-172, s. 2.

PRESCRIBED AMOUNT

2.For the purposes of sections 183 and 184 of the Excise Tax Act, the prescribed amount in respect of specified tangible personal property is(a)where the property is a print, an etching, a drawing, a painting, a sculpture or other similar work of art, $2,000;(b)where the property is jewellery, $2,000;(c)where the property is a rare folio, a rare manuscript or a rare book, $2,000;(d)where the property is a stamp, the face value of the stamp; and(e)where the property is a coin, zero.

• SOR/94-368, s. 4;
• SOR/99-172, s. 3.

3.[Repealed, SOR/99-172, s. 4]