EXHIBIT 31.2
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CFO CERTIFICATION
PURSUANT TO RULE 13A-14 (A) OF THE SECURITIES EXCHANGE ACT OF 1934
I, Peter Hanrahan, certify that:
1. I have reviewed this annual report on Form 40-F of Advantage Energy
Income Fund;
2. Based on my knowledge, this annual report does not contain any untrue
statement of a material fact or omit to state a material fact
necessary to make the statements made, in light of the circumstances
under which such statements were made, not misleading with respect to
the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material
respects the financial condition, results of operations and cash flows
of the issuer as of, and for, the periods presented in this report;
4. The issuer's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as
defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal
control over financial reporting (as defined in Exchange Act Rules
13a-15(f) and 15d-15(f)) for the issuer and have:
a) Designed such disclosure controls and procedures, or caused
such disclosure controls and procedures to be designed under
our supervision, to ensure that material information relating
to the issuer, including its consolidated subsidiaries, is
made known to us by others within those entities,
particularly during the period in which this annual report is
being prepared;
b) Evaluated the effectiveness of the issuer's disclosure
controls and procedures and presented in this report our
conclusions about the effectiveness of the disclosure
controls and procedures, as of the end of the period covered
by this report, based on such evaluation; and
c) Evaluated the effectiveness of the issuer's disclosure
controls and procedures and presented in this report our
conclusions about the effectiveness of the disclosure
controls and procedures, as of the end of the period covered
by this report based on such evaluation; and
d) Disclosed in this report any change in the issuer's internal
control over financial reporting that occurred during the
period covered by the annual report that has materially
affected, or is reasonably likely to materially affect, the
issuer's internal control over financial reporting.
5. The issuer's other certifying officer and I have disclosed, based on
our most recent evaluation of internal control over financial
reporting, to the issuer's auditors and the audit committee of the
issuer's board of directors (or persons performing the equivalent
functions):
a) All significant deficiencies and material weaknesses in the
design or operation of internal control over financial
reporting which are reasonably likely to adversely affect the
issuer's ability to record, process, summarize and report
financial information; and
b) Any fraud, whether or not material, that involves management
or other employees who have a significant role in the
issuer's internal control over financial reporting.
Date: March 28, 2008 /s/ Peter Hanrahan
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Peter Hanrahan
Vice-President, Finance and
Chief Financial Officer of
Advantage Oil & Gas Ltd. on behalf
of Advantage Energy Income Fund