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Federal-Provincial Fiscal Arrangements Act

Version of section 3.8 from 2007-06-22 to 2013-06-25:


Marginal note:Fiscal year 2012-2013 and later

  •  (1) For a fiscal year beginning after March 31, 2012, the fiscal equalization payment that may be paid to Nova Scotia or Newfoundland and Labrador, as the case may be, shall be determined under sections 3.2 and 3.4 and not subsection 3.6(1) if, for that fiscal year,

  • Marginal note:Effect for subsequent fiscal years

    (2) As soon as, under subsection (1), the fiscal equalization payment that may be paid for a fiscal year to Nova Scotia or to Newfoundland and Labrador, as the case may be, is to be determined under sections 3.2 and 3.4, section 3.6 ceases to apply to that province.

  • 2007, c. 29, s. 62
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