This Act sets transitional payment rules, requires certain Transport Minister payments to railway companies, and limits when related payments may be made.
An Act to implement certain provisions of the budget tabled in Parliament on February 27, 1995 Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: Short title This Act may be cited as the Budget Implementation Act, 1995. [Amendments] Coming into force Sections 11 to 22 come into force, or are deemed to have come into force, on August 1, 1995. [Repeals] Transitional provision No payments may be made out of the Consolidated Revenue Fund in respect of a movement of goods that was eligible for assistance under the Atlantic Region Freight Assistance Act or the Maritime Freight Rates Act where the movement originates after June 30, 1995; or the claim in respect of the payment is made after September 1, 1995. Statutory payments to railway companies for 1994-95 crop year The Minister of Transport shall pay to railway companies any amount that the Minister would have been required to pay after July 31, 1995 under subsections 56(1) and 57(1) of the Western Grain Transportation Act in respect of the crop year beginning August 1, 1994 and ending July 31, 1995 if that Act had not been repealed. Payments under agreements The Minister of Transport shall pay any amount that the Minister would have been required to pay after July 31, 1995 under an agreement entered into under section 60 of the Western Grain Transportation Act in respect of the crop year beginning August 1, 1994 and ending July 31, 1995 if that Act had not been repealed. Deadline for payments Payments required by subsection (1) or (2) shall be made no later than October 29, 1995. Transition Act The Western Grain Transition Payments Act set out in Schedule II is enacted. [Repealed, 1996, c. 11, s. 46.1] [Amendment and repeal] [Amendment] A reference in any Act, regulation, agreement or other instrument to the Federal-Provincial Fiscal Arrangements and Federal Post-Secondary Education and Health Contributions Act is, except where the context otherwise requires, deemed to be a reference to the Federal-Provincial Fiscal Arrangements Act. [Amendments and repeal] Termination of payments No payment may be made under the Act after March 31, 1999.