Community Economic Development Fund Regulations - Community Economic Development Fund Act (Nova Scotia)

This consolidation is unofficial and is for reference only. For the official version of the regulations, consult the original documents on file with the Office of the Registrar of Regulations, or refer to the Royal Gazette Part II.

Regulations are amended frequently. Please check the list of Regulations by Act to see if there are any recent amendments to these regulations filed with our office that are not yet included in this consolidation.

Although every effort has been made to ensure the accuracy of this electronic version, the Office of the Registrar of Regulations assumes no responsibility for any discrepancies that may have resulted from reformatting.

Community Economic Development Fund Regulations

made under Section 30 of the

Community Economic Development Fund Act

S.N.S. 2014, c. 9

O.I.C. 2015-320 (September 25, 2015), N.S. Reg. 332/2015

amended to O.I.C. 2023-23 (effective January 24, 2023), N.S. Reg. 17/2023

Table of Contents

Please note: this table of contents is provided for convenience of reference and does not form part of the regulations.
Click here to go to the text of the regulations.

Citation

Definitions

Maximum economic development incentive by Department

Criteria for approving economic development incentives

Applications for economic development incentives

Amendments to economic development incentives

Citation

1 These regulations may be cited as the Community Economic Development Fund Regulations.

Definitions

2 In these regulations, “Act” means the Community Economic Development Fund Act.

Maximum economic development incentive by Department

3 The consent of the Treasury and Policy Board is required for any decision of the Department approving any 1 economic development incentive that is more than $3 million.

Criteria for approving economic development incentives

4 In considering applications for economic development incentives, the Department may only approve economic development incentives to organizations if all of the following are met:

(a) the purpose of the organization is consistent with the objects and purposes of the Fund;

(b) the profits, if any, of the organization are used for the benefit of the public and not for private shareholders.

Applications for economic development incentives

5 (1) An application for an economic development incentive must be in writing in a form required by the Department and must include any information the Department requires to satisfactorily assess the application.

(2) [repealed]

(3) Subject to the Act and these regulations, the Department may approve or reject an application for an economic development incentive in any manner it considers appropriate.

Amendments to economic development incentives

6 (1) A request for an amendment to an economic development incentive must be in writing in a form required by the Department and must include any information the Department requires to satisfactorily assess the request.

(2) [repealed]

(3) Subject to the Act and these regulations, the Department may approve or reject a request for an amendment to an economic development incentive in any manner it considers appropriate.

Legislative History
Reference Tables

Community Economic Development Fund Regulations	N.S. Reg. 332/2015
Community Economic Development Fund Act
Note: The information in these tables does not form part of the regulations and is compiled by the Office of the Registrar of Regulations for reference only.

Source Law

The current consolidation of the Community Economic Development Fund Regulations made under the Community Economic Development Fund Act includes all of the following regulations:

N.S. Regulation	In force date*	How in force	Royal Gazette Part II Issue
332/2015	Sep 25, 2015	date specified	Oct 16, 2015
17/2023	Jan 24, 2023	date specified	Feb 10, 2023

The following regulations are not yet in force and are not included in the current consolidation:

N.S. Regulation	In force date*	How in force	Royal Gazette Part II Issue

*See subsection 3(6) of the Regulations Act for rules about in force dates of regulations.

Amendments by Provision

ad. = added am. = amended	fc. = fee change ra. = reassigned		rep. = repealed rs. = repealed and substituted
Provision affected		How affected
1 .......................................................		am. 17/2023¹
2........................................................		am. 17/2023²
3........................................................		am. 17/2023³
4........................................................		am. 17/2023
5(2)...................................................		rep. 17/2023
5(3)...................................................		am. 17/2023
6(2)...................................................		rep. 17/2023
6(3)...................................................		am. 17/2023
7........................................................		rep. 17/2023
8........................................................		rep. 17/2023

Note that changes to headings are not included in the above table.

Editorial Notes and Corrections

	Note	Effective date
1	Title of regulations amended from Invest Nova Scotia Regulations.	Jan 24, 2023
2	The title of the Act is changed from the Invest Nova Scotia Board Act to Community Economic Development Fund Act by An Act to Amend Chapter 9 of the Acts of 2014, the Invest Nova Scotia Board Act, S.N.S. 2022, c. 49.	Jan 24, 2023
3	The amendment to s. 3 by N.S. Reg. 17/2023 contains instructions to strike out the word “Board” wherever it appears and substitute “Department”, but s. 3 contains a reference to the Treasury and Policy Board. The amendment has been applied by retaining the “Board” in Treasury and Policy Board and not substituting it with “Department” for the purposes of this consolidation.	Jan 24, 2023

Repealed and Superseded

N.S. Regulation	Title	In force date	Repealed date

Note: Only regulations that are specifically repealed and replaced appear in this table. It may not reflect the entire history of regulations on this subject matter.