Federal-Provincial Fiscal Arrangements Act

Marginal note:Regulations

40 The Governor in Council may make regulations

• (a) defining, for the purposes of this Act,

  • (i) the expression revenue base for a revenue source for a province for a fiscal year, and

  • (ii) the expressions referred to in paragraphs (a) to (z.5) of the definition revenue source in subsection 4(2);

• (b) providing for the payment to a province of advances on account of any amount that may become payable to the province under this Act, an administration agreement, a reciprocal taxation agreement or a sales tax harmonization agreement, the adjustment, by way of reduction or set off, of other payments to the province because of those advances and the recovery of overpayments;

• (c) prescribing the manner of determining the population of a province for a fiscal year;

• (d) prescribing the time and manner of making any payment under this Act, an administration agreement or a sales tax harmonization agreement;

• (e) prescribing the accounts to be kept for the purposes of this Act or an agreement entered into under the authority of this Act and the management of those accounts;

• (f) respecting the determination of any matter that under this Act is to be determined by the Minister, the Minister of National Revenue, the Minister of Human Resources Development or the Minister of Health;

• (g) prescribing anything that, by virtue of any other provision of this Act, is to be prescribed; and

• (h) generally for carrying into effect the purposes and provisions of this Act.