Excise Duty Indexing Ratio Regulations

Link to law: http://laws-lois.justice.gc.ca/eng/regulations/SOR-83-680/FullText.html

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Excise Duty Indexing Ratio Regulations

SOR/83-680EXCISE ACT
Registration 1983-08-24
Regulations Respecting the Ratio Used in the Indexing of Excise Duties on Spirits, Beer, Tobacco, Cigars and Cigarettes
P.C. 1983-2590 1983-08-24His Excellency the Governor General in Council, on the recommendation of the Minister of Finance and the Minister of National Revenue, pursuant to clauses 1(b)(i)(B)Footnote * and 2(b)(i)(B)Footnote * of Part V of the schedule to the Excise Act, is pleased hereby to make the annexed Regulations respecting the ratio used in the indexing of excise duties on spirits, beer, tobacco, cigars and cigarettes.
Return to footnote *S.C. 1980-81-82-83, c. 68, s. 77Short Title

1 These Regulations may be cited as the Excise Duty Indexing Ratio Regulations.

Alteration of Ratio

2 For the purpose of adjusting the duties of excise enumerated in Parts I and III of the schedule to the Excise Act, other than subsections 1(2) and (3) and section 2 of Part I thereof, the ratio determined according to clause 1(b)(i)(B) of Part V of that schedule is altered by multiplying the ratio

(a) by 1.35559 for the adjustment on the first day of September, 1983; and
(b) by 1.99924 for the adjustment on the first day of September, 1984.

SOR/84-730, s. 1.

3 For the purpose of adjusting the duties of excise enumerated in Part IV of the schedule to the Excise Act, the ratio determined according to clause 2(b)(i)(B) of Part V of that schedule is altered by multiplying the ratio

(a) by 1.37078 for the adjustment on the first day of September, 1983; and
(b) by 1.88464 for the adjustment on the first day of September, 1984.

SOR/84-730 s. 2.