I-0.4 - Mining Tax Act

Full text
29. (Repealed).
1975, c. 30, s. 29; 1994, c. 47, s. 27.
29. An outlay or expense resulting from a transaction with a person related to the operator is deemed not to exceed the fair market value of the property or services supplied; on the other hand, any operator who has supplied property or services pursuant to a transaction with a related person is deemed to have received an amount at least equal to the fair market value of such property or services.
1975, c. 30, s. 29.