Translation of "Recettes reportées " (French → English) :

external assigned revenue shall be carried over automatically and shall be fully used by the time all the operations relating to the programme or action to which it is assigned have been carried out. External assigned revenue received during the last year of the programme or action may be used in the first year of the succeeding programme or action.

Where corrections to assigned revenue lead, at paying agency level, to the declaration of negative revenue assigned for a budget line, surplus corrections shall be carried over to the following month.

They tried to estimate that number based on that experience. What they are saying is, from the Canadian perspective, the first year deferred tax revenue will be around $30 million to $35 million, based on the Quebec experience in terms of the level of patronage given, so we give the same type.

If $28 million is forgone revenue for now and we'll certainly come back to that aspect in collecting money and it comes directly into Transport Canada and your rental revenue is down $26 million, I suppose depending on how much of that you forecast to happen, you're before this committee now for $178 million in additional funding, but we are talking here of $54 million that theoretically the department is out.

The argument was that since this was money that was being forgone by the federal government, as a public policy position, the majority of that money - 90 per cent originally, 80 per cent today - should be invested in Canadian investments.

Revenue equivalent to the amount of the transfer from Chapter 100 to Titles 1 and 2 will be called in when the transfer is made. b) Other expenditure Title 8 The appropriation entered in Title 8 have been updated to take account of the following expenditure deferred from 1987 : - repayments of own resources collection costs (400 million ECU), so as to avoid any dispute concerning repayments for 187 ; - the third and fourth instalments in repayment of the advance made by the Member States in 1984 (251 million ECU) and financial compensation to Spain and Portugal for their share in financing these repayments. c) Revenue The estimates contained in the prelimin ...[+++]ary draft budget have been updated to take account of : - the proceeds of the special elimination levy to be introduced for the 1987/88 sugar marketing year (261 million ECU) ; - the deferral by Portugl of introduction of the common VAT system until 1989 ; - the reduction in the rate of the crisis levy on staff salaries (7.36 million ECU).