Vol. 150, No. 5 — March 9, 2016
SI/2016-10 March 9, 2016
FINANCIAL ADMINISTRATION ACT
Cedric Taylor Remission Order
P.C. 2016-76 February 19, 2016
His Excellency the Governor General in Council, considering that the collection of the amounts is unjust, on the recommendation of the Minister of National Revenue, pursuant to subsection 23(2) (see footnote a) of the Financial Administration Act (see footnote b), remits interest in the amount of $19,728.84 for the 1998 to 2001 taxation years and penalties in the amount of $18,616.95 for the 1998 to 2000 taxation years, paid or payable under Part I of the Income Tax Act (see footnote c) by Cedric Taylor, and all interest paid or payable on those amounts.
(This note is not part of the Order.)
This Order remits interest and penalties, and all relevant interest paid or payable thereon, by Cedric Taylor in respect of the 1998 to 2001 tax years.
The amount remitted represents interest and penalties incurred by Mr. Taylor as a result of circumstances that were not within his control. The payment of these amounts caused a significant financial setback for Mr. Taylor.