Bill 54, Retail Sales Tax Amendment Act, 2001

Bill 54 2001

An Act to amend the
Retail Sales Tax Act
to provide an exemption
for fire education equipment

Her Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows:

1. Subsection 7 (1) of the Retail Sales Tax Act, as amended by the Statutes of Ontario, 1992, chapter 13, section 4, 1994, chapter 13, section 9, 1996, chapter 29, section 26, 1997, chapter 10, section 32, 1997, chapter 41, section 125, 1998, chapter 5, section 45, 1999, chapter 9, section 184, 2000 chapter 10, section 28 and 2000, chapter 42, section 93, is further amended by adding the following paragraph:

23.1 Fire education equipment that is specially designed and equipped at the time of purchase for use primarily as an educational tool to teach people and particularly children about fire safety and fire prevention when the equipment is purchased at a price of more than $1,000 per piece of equipment for the exclusive use of a municipality, university, public hospital, local service board or volunteer group, and repair parts for such equipment.

Commencement

2. This Act comes into force on the day it receives Royal Assent.

Short title

3. The short title of this Act is the Retail Sales Tax Amendment Act, 2001.

EXPLANATORY NOTE

The Bill establishes an exemption for fire education equipment specifically designed and equipped at the time of purchase to be an educational tool to teach people, particularly children, about fire safety and fire prevention. Fire education equipment eligible for the exemption is equipment purchased at a price of more than $1,000 per piece of equipment for the exclusive use of a municipality, university, public hospital, local services board or volunteer group. The exemption includes the repair parts for such equipment.