No Tax to be levied or Loan to be raised by Province

Article
203
Title
No Tax to be levied or Loan to be raised by Province
Category
other
Description

No tax may be levied or collected in a Province except in accordance with law, and the Provincial Government may not raise loans or give guarantees except as provided for in Federal law.

Practice questions

  1. What legal basis is required for the provincial government to raise loans?

  2. According to constitutional provisions, under what condition may a province levy or collect taxes?

  3. Which authority is responsible for the law that governs how provinces raise loans?

  4. Besides raising loans, what other financial action by the provincial government requires authorization under Federal law?

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