CAF-2 · Chapter 2 · Question 10 of 15
According to the Constitution, the net proceeds of the Federal duty of excise on natural gas levied at the well-head shall be paid to:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) C) The Province in which the well-head of natural gas is situated
Explanation
The net proceeds of the Federal duty of excise on natural gas levied at the well-head shall not form part of the Federal Consolidated Fund and must be paid to the Province in which the well-head is situated.
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