Cruiser Remission Order — 2
2 In this Order, base year means (a) in the case of a class A manufacturer, the calendar year 1969, and (b) in the case of a class B manufacturer, the calendar year immediately prior to the calendar year for which remission is first claimed under this Order; ( année de base ) Canadian value added in boats means the factory cost of production of (a) water-borne pleasure craft, other than cruisers, and (b) hulls and parts for water-borne pleasure craft, other than cruisers produced by a manufacturer in Canada for sale, minus (c) the cost, other than any cost set out in paragraph (d), of any imported parts and materials used in the production of the craft, hulls and parts, and (d) the cost of duty, freight and insurance and any other cost incurred in transporting the imported parts and materials from the point of their shipment to the customs office where the goods are reported; ( valeur canadienne ajoutée dans le cas des bateaux ) Canadian value added in cruisers means the factory cost of production of cruisers and of hulls and parts for cruisers produced by a manufacturer in Canada for sale minus (a) the cost, other than any cost set out in paragraph (b), of any imported parts and materials used in the production of cruisers or of hulls and parts for cruisers, and (b) the cost of duty, freight and insurance and any other cost incurred in transporting the imported parts and materials from the point of their shipment to the frontier port; ( valeur canadienne ajoutée dans le cas des yachts de croisière ) class A manufacturer means a manufacturer who produced cruisers in Canada during the calendar year 1969; ( fabricant de la catégorie A ) class B manufacturer means a manufacturer who did not produce cruisers in Canada during the calendar year 1969 and who produced water-borne pleasure craft in Canada subsequent to the calendar year 1976; ( fabricant de la catégorie B ) cruiser means a water-borne pleasure craft, other than a houseboat, not equipped with or designed to be equipped with sails, that is (a) 25 feet or more in overall length, and (b) equipped with or designed to be equipped with one or more inboard motors; ( yachts de croisière ) factory cost of production means the aggregate of the following costs to the manufacturer reasonably attributable to his production of water-borne pleasure craft and of hulls and parts for water-borne pleasure craft, namely, (a) the cost of parts and materials, (b) the transportation costs, including insurance charges, incurred in transporting parts and materials from a supplier to the factory in Canada of the manufacturer to the extent that such costs are not included under paragraph (a), (c) the wages paid for direct production labour, (d) administrative and general expenses, and (e) the manufacturer's overhead expenses for his factory in Canada; ( coût de production ) frontier port [Revoked, SI/88-17, s. 2] initial production period means, in respect of a class B manufacturer, the three consecutive calendar years immediately following that manufacturer's base year; ( période initiale de production ) Minister means the Minister of National Revenue; ( ministre ) warehouse has the same meaning as in the Customs Act . ( entrepôt ) SI/88-17, s. 2