Canada–Newfoundland and Labrador Atlantic Accord Implementation Act (S.C. 1987, c. 3)

PART V[Repealed, 2015, c. 4. s. 69]

218 [Repealed, 2015, c. 4, s. 69]

219 [Repealed, 2015, c. 4, s. 69]

220 [Repealed, 2015, c. 4, s. 69]

220.1 [Repealed, 2015, c. 4, s. 69]

221 [Repealed, 2015, c. 4, s. 69]

222 [Repealed, 2015, c. 4, s. 69]

223 [Repealed, 2015, c. 4, s. 69]

224 [Repealed, 2015, c. 4, s. 69]

225 [Repealed, 2015, c. 4, s. 69]

226 [Repealed, 2015, c. 4, s. 69]

227 [Repealed, 2015, c. 4, s. 69]

PART VI[Repealed, 2015, c. 4. s. 69]

228 [Repealed, 2015, c. 4, s. 69]

229 [Repealed, 2015, c. 4, s. 69]

230 [Repealed, 2015, c. 4, s. 69]

231 [Repealed, 2015, c. 4, s. 69]

232 [Repealed, 2015, c. 4, s. 69]

233 [Repealed, 2015, c. 4, s. 69]

PART VIICorporate Income Tax

234 and 235 [Amendments]

PART VIIITransitional, Consequential and Commencement

Transitional

Marginal note:Initial payment to environmental studies fund during transitional period

236 Notwithstanding section 49 of the Canada Oil and Gas Act as it read immediately before the coming into force of this section, where an exploration agreement in relation to any portion of the offshore area was entered into or negotiations in respect thereof were completed under the Canada Oil and Gas Act on or after February 11, 1985 and before the coming into force of Part VII of the Canada Petroleum Resources Act,

• (a) the interest owner shall deposit for payment into the relevant fund an amount determined in accordance with subsection 81(2) of the Canada Petroleum Resources Act; and

• (b) where, prior to the coming into force of this section, there has been deposited for payment into the relevant fund in relation to that exploration agreement an amount determined in accordance with section 49 of the Canada Oil and Gas Act as it read immediately before the coming into force of this section, the Minister may refund to the interest owner an amount equal to the difference between that amount and the amount required to be deposited under paragraph (a).

Consequential Amendments

237 and 238 [Amendments to other Acts]

Coming into Force

Marginal note:Coming into force

• Footnote ^*239 (1) Subject to subsection (2), this Act or any provision thereof shall come into force on a day or days to be fixed by proclamation.

• Marginal note:Idem

  (2) Sections 211, 234 and 235 are applicable to taxation years commencing after April 4, 1987.

  • Return to footnote ^*[Note: Act, except Division VIII of Part II and sections 207 and 208, in force April 4, 1987, see SI/87-88; Division VIII of Part II, in force May 20, 1988, see SI/88-102; sections 207 and 208, in force January 23, 1996, see SI/96-20.]