revenue charge

(revenu) 6.2 Calculation of Gross Revenue Charge.

The CPAs were therefore established using Letters Patent that, among other things, require payment of a gross revenue charge and approval of CPA real property transactions.

The Authority shall pay the Gross Revenue Charge for each Fiscal Year to the Minister no later than 90 days from the end of each Fiscal Year.

ARTICLE 6 GROSS REVENUE CHARGE 6.1 Interpretation.

In the event that the readjustment results in the Authority's paying a further amount to the Minister in respect of the Gross Revenue Charge for a particular Fiscal Year, the Minister shall invoice the Authority for such amount.

CPA Gross Revenue Charges/Public Port Tariffs Transport Canada is responsible for collecting Gross Revenue Charges from Canada Port Authorities, including any associated interest.

If these apply and if, for example, the loans are redeemed using equal annual instalments of principal, then the revenue charge will be exactly the same as if an asset was depreciated using straight-line depreciation and any loan repayments were merely balance sheet transfers.

The Authority shall include with every Gross Revenue Charge payment a Disclosure Statement in the form prescribed from time to time by the Minister setting forth, inter alia, an itemized list of the sources of Revenue comprising the Gross Revenue and Permitted Exclusions.

Forthwith upon receipt from the Authority of the full amount of the Gross Revenue Charge for a particular Fiscal Year, the Minister shall issue to the Authority a certificate of good standing confirming that the Letters Patent are in good standing as of the date of the certificate.