OC2013-356
2013-12-03
Finance
Jobs and Growth Act, 2012
WHEREAS, the Parliament of Canada introduced Jobs and Growth Act, 2012, (S.C., 2012, c. 31), which received Royal Assent on December 14, 2012.
AND WHEREAS subsection 205(2) of the Act provides that sections 195 and 196 of the Act come into force in accordance with subsection 114(4) of the Canada Pension Plan (R.S.C., 1985, c. C-8).
AND WHEREAS when sections 195 and 196 of the Act come into force, they will alter matters referred to in subsection 114(4) of the Canada Pension Plan.
AND WHEREAS subsection 114(4) of the Canada Pension Plan provides that where any enactment of Parliament contains any provision that alters, or the effect of which is to alter, either directly or indirectly and either immediately or in the future, matters referred to in that subsection, it shall be deemed to be a term of that enactment, whether or not it is expressly stated in the enactment, that the provisions shall come into force only on a day to be fixed by order of the Governor in Council, which order may not be made and shall not in any case have any force or effect unless the lieutenant governor in council of each of at least two thirds of the included provinces, having in the aggregate not less than two thirds of the population of all of the included provinces, has signified the consent of that province to the enactment.
THEREFORE His Excellency the Lieutenant Governor in Council of the Province of Newfoundland and Labrador, on the recommendation of the Minister of Finance, in accordance with subsection 114(4) of the Canada Pension Plan, is pleased to hereby signify the consent of the Province of Newfoundland and Labrador to the enactment of sections 195 and 196 of the Jobs and Growth Act, 2012, (S.C., 2012, c. 31).