I-0.4 - Mining Tax Act

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8.1. Despite section 4.3, if, for the purpose of determining an operator’s annual profit for a fiscal year, the amount determined by the formula in the first paragraph of section 8 is less than zero, that amount, expressed as a positive number, is the operator’s annual loss for the fiscal year.
1985, c. 39, s. 2; 2011, c. 6, s. 23.
8.1. The annual loss of an operator for a fiscal year is the amount of such loss computed in accordance with the provisions of this chapter which relate to the computation of the annual profit, adapted as required.
1985, c. 39, s. 2.