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Federal-Provincial Fiscal Arrangements Act

Version of section 28 from 2002-12-31 to 2012-06-28:


Marginal note:Adjustments

 Where the amount of the additional tax abatement applicable in respect of a province in a fiscal year, as determined by the Minister pursuant to section 27,

  • (a) is less than the amount, as determined by the Minister, that would have been paid by the Government of Canada under Part V to the province for the fiscal year, the Minister may cause to be paid to the province an amount equal to the amount of the difference; or

  • (b) is greater than the amount, as determined by the Minister, that would have been paid by the Government of Canada under Part V to the province for a fiscal year, an amount equal to the amount of the difference shall be recovered out of any moneys payable to the province under this Act or may otherwise be recovered as a debt due to the Government of Canada by the province.

  • R.S., 1985, c. F-8, s. 28
  • 1995, c. 17, s. 55
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