Marginal note:Reporting period — general
159.1 (1) Subject to this section, the reporting period of a person is a fiscal month.
Marginal note:Reporting period — semi-annual
(2) On application in the prescribed form and manner by a person, the Minister may, in writing, authorize the reporting period of that person to be a fiscal half-year in a particular fiscal year if
(a) the person is a licensee in one or more of the following categories:
(i) an excise warehouse licensee who does not hold in their excise warehouse manufactured tobacco or cigars,
(ii) a spirits licensee,
(iii) a wine licensee, or
(iv) a licensed user;
(b) the person has been licensed for a period exceeding twelve consecutive fiscal months;
(c) in respect of a category, the total of all duties payable under Part 4 by the person and any person associated with the person in the fiscal year ending immediately before the particular fiscal year did not exceed $120,000;
(d) in respect of a category, the total of all duties payable under Part 4 by the person and any person associated with the person in the particular fiscal year does not exceed $120,000;
(e) in the case where the person is an excise warehouse licensee, the liability of the person and any excise warehouse licensee associated with the person with respect to duty on alcohol entered into an excise warehouse
(i) did not exceed $120,000 in the fiscal year ending immediately before the particular fiscal year, and
(ii) does not exceed $120,000 in the particular fiscal year;
(f) in the case where the person is a licensed user, the liability of the person and any licensed user associated with the person with respect to duty on alcohol entered into their specified premises
(i) did not exceed $120,000 in the fiscal year ending immediately before the particular fiscal year, and
(ii) does not exceed $120,000 in the particular fiscal year;
(g) the volume of absolute ethyl alcohol added to the bulk spirits inventory of the person that is a spirits licensee and any spirits licensee associated with the person did not exceed in the fiscal year ending immediately before the particular fiscal year, and does not exceed in the particular fiscal year, the amount determined by the formula
A / B
where
- A
- is $120,000, and
- B
- is the rate of duty on spirits set out in section 1 of Schedule 4;
(h) the volume of wine added to the bulk wine inventory of the person that is a wine licensee and any wine licensee associated with the person did not exceed in the fiscal year ending immediately before the particular fiscal year, and does not exceed in the particular fiscal year, the amount determined by the formula
A / B
where
- A
- is $120,000, and
- B
- is the rate of duty on wine set out in paragraph (c) of Schedule 6; and
(i) the person is in compliance with the Act.
Marginal note:Deemed revocation
(3) An authorization under subsection (2) is deemed to be revoked if
(a) any of the conditions described in paragraphs (2)(d) to (h) is no longer met in respect of the person, which revocation is effective as of the first day after the end of the fiscal half-year in which the condition is no longer met; or
(b) an excise warehouse licensee holds in their excise warehouse manufactured tobacco or cigars, which revocation is effective as of the first day of the fiscal month in which the licensee begins to hold the tobacco or cigars.
Marginal note:Revocation — other
(4) The Minister may revoke an authorization if
(a) the person requests in writing the Minister to do so;
(b) the person fails to comply with the Act; or
(c) the Minister considers that the authorization is no longer required.
Marginal note:Notice of revocation
(5) If the Minister revokes an authorization under subsection (4), the Minister shall send a notice in writing of the revocation to the person and shall specify in the notice the fiscal month for which the revocation becomes effective.
Marginal note:Deemed reporting period on revocation
(6) If a revocation under paragraph (3)(b) or subsection (4) becomes effective before the last day of a fiscal half-year of a person that is authorized under subsection (2), the period beginning on the first day of the fiscal half-year and ending immediately before the first day of the fiscal month for which the revocation becomes effective is deemed to be a reporting period of the person.
- 2010, c. 25, s. 111
- Date modified: