Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act

Marginal note:Regulations

221 The Governor in Council may, on the recommendation of the Minister of Finance, make regulations

• (a) excluding, for the purposes of this Act, any provision or any part of a provision of the following that is inconsistent with this Act, the Accord or any bilateral or international treaty, convention or agreement respecting taxation, tariffs or trade to which the Government of Canada is a signatory:

  • (i) the Offshore Petroleum Royalty Act or any regulation made under it,

  • (ii) the Consumption Tax Acts or any regulation referred to in subsection 212(3.1),

  • (iii) the Insurance Premiums Tax Act or any regulation referred to in subsection 213(3.1), or

  • (iv) the Nova Scotia Income Tax Act or any regulation referred to in subsection 216(3.1); and

• (b) prescribing anything that is by this Part to be prescribed.