AR 205/2012 ELECTRIC ENERGY GENERATION EXEMPTION (Consolidated up to 45/2014)
ALBERTA REGULATION 205/2012
Municipal Government Act
ELECTRIC ENERGY GENERATION EXEMPTION REGULATION
Electric power systems exempt from taxation
1   Notwithstanding sections 358, 359.1(4) and 359.2(4) of the Act, the Minister may in respect of a taxation year, to any extent the Minister considers appropriate, exempt electric power systems intended for or used in the generation of electricity from taxation for the purpose of raising revenue needed to pay the requisitions referred to in section 326(a)(ii) and (iii) of the Act.
Repeal
2   The Electric Energy Generation Exemption Regulation (AR 158/2010) is repealed.
Expiry
3   This Regulation is made under section 603(1) of the Act and is subject to repeal under section 603.1(3) of the Act.
AR 205/2012 s3;45/2014
Coming into force
4   This Regulation comes into force on January 1, 2013.