23. Any public body established in Canada for cultural purposes, any charitable organization or Canadian amateur athletic association prescribed by regulation and any Canadian municipality or urban community, designated in this section by the word “body”, to which property is transmitted in absolute ownership owing to death, is exempt from the payment of duties, subject to section 5.
However, this exemption is terminated as soon as the property ceases to be used by the body for the purposes for which it was established, and that body must then pay the duties that would otherwise have been payable by it on this property owing to such death.
Notwithstanding the first paragraph, a body is exempt from the payment of duties in respect of a property if the usufructuary or user of the property is the consort of the deceased person.
1978, c. 37, s. 23; 1980, c. 7, s. 5.