AI-assisted research summary: Farm businesses must pay an annual registration fee, with the amount based on the farm business’s previous year gross income.
c t FARM REGISTRATION AND FARM ORGANIZATIONS FUNDING ACT REGISTRATION FEES REGULATIONS PLEASE NOTE This document, prepared by the Legislative Counsel Office, is an office consolidation of this regulation, current to April 8, 2006. It is intended for information and reference purposes only. This document is not the official version of these regulations. The regulations and the amendments printed in the Royal Gazette should be consulted on the Prince Edward Island Government web site to determine the authoritative text of these regulations. For more information concerning the history of these regulations, please see the Table of Regulations on the Prince Edward Island Government web site (www.princeedwardisland.ca). If you find any errors or omissions in this consolidation, please contact: Legislative Counsel Office Tel: (902) 368-4292 Email: legislation@gov.pe.ca Farm Registration and Farm Organizations Funding Act Registration Fees Regulations Section 1 c FARM REGISTRATION AND FARM ORGANIZATIONS FUNDING ACT Chapter F-4.2 REGISTRATION FEES REGULATIONS Pursuant to subsection 10(2) of the Farm Registration and Farm Organizations Funding Act Stats. P.E.I. 2002, c.10, Council made the following regulations: 1. Act In these regulations “Act” means the Farm Registration and Farm Organizations Funding Act Stats. P.E.I. 2002, c.10. (EC90/03) 2. Fees The registration fees payable each year by a farm business for registration under section 6 of the Act are as follows: (a) where a farm business has an annual gross income for the immediately preceding taxation year of $0.00 to $99,999, the registration fee is .........................................$150; (b) where a farm business has an annual gross income for the immediately preceding taxation year of $100,000 to $250,000, the registration fee is.................................$250; (c) where a farm business has an annual gross income for the immediately preceding taxation year in excess of $250,000, the registration fee is ..................................... $375. (EC90/03; 169/06) c t Updated April 8, 2006 Page 3