96R12. The person referred to in section 96R11 for a taxation year is a person who would be granted a reduction in the tax, interest and penalties paid or payable by him under Parts I and I.1 of the Taxation Act (chapter I-3) for the year if the taxpayer contemplated in section 96R10 had not included, in computing his income for the year, the product obtained under that section in respect of each office or employment.
For the purposes of subparagraph e of the first paragraph of section 96 of the Act, the person described in the first paragraph is a prescribed person.
O.C. 472-95, s. 5; O.C. 1282-2003, s. 50.