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Budget Implementation Act, 2006 (S.C. 2006, c. 4)

Act current to 2024-10-30 and last amended on 2013-12-12. Previous Versions

Budget Implementation Act, 2006

S.C. 2006, c. 4

Assented to 2006-06-22

An Act to implement certain provisions of the budget tabled in Parliament on May 2, 2006

Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:

Short Title

Marginal note:Short title

 This Act may be cited as the Budget Implementation Act, 2006.

PART 1Amendments Relating to the GST/HST Rate Reduction

Amendments Relating to the GST/HST

Excise Tax Act

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Related Amendments

Air Travellers Security Charge Act

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Amendments Relating to the Taxation of Tobacco Products

Excise Act, 2001

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Application

 For the purposes of applying the provisions of the Customs Act that provide for the payment of, or the liability to pay, interest in respect of any amount, the amount shall be determined and interest shall be computed on it as though sections 37 to 41 had come into force on July 1, 2006.

Amendments Relating to Alcohol Products

Excise Act

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Excise Act, 2001

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Application

 For the purposes of applying the provisions of the Customs Act and the Excise Act that provide for the payment of, or the liability to pay, interest in respect of any amount, the amount shall be determined and interest shall be computed on it as though sections 43, 48 and 49 had come into force on July 1, 2006.

PART 2Amendments to the Income Tax Act

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PART 3Amendments Relating to Excise Tax on Jewellery, Etc.

Excise Tax Act

 [Amendment]

Budget Implementation Act, 2005

 [Amendment]

PART 4Amendments Relating to Aboriginal Tax Powers and Aboriginal Tax Treatment

First Nations Goods and Services Tax Act

 [Amendment]

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Yukon First Nations Self-Government Act

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PART 5Other Tax-related Amendments

Air Travellers Security Charge Act

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Excise Act, 2001

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Excise Tax Act

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Income Tax Act

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Conditional Amendment

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PART 6Universal Child Care Benefit

Enactment of Act

Marginal note:Enactment of Act

 The Universal Child Care Benefit Act is enacted as follows:

[See Universal Child Care Benefit Act]

Consequential And Related Amendments

Children’s Special Allowances Act

 [Amendment]

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