S-34 - Act respecting fiscal incentives to industrial development

Section 10 Disposition versions

1977-12-31

10. The Minister of Revenue may decrease or, as the case may be, increase the balance of the sums deposited in the fund in respect of a corporation for a taxation year, to take into account the decrease or, as the case may be, the increase in the tax otherwise payable by the corporation for a taxation year pursuant to a new assessment made under Part I of the Taxation Act, or to take into account the invalidity of an election contemplated in section 4 made by the corporation in respect of a taxation year for which it did not meet the conditions set out in section 6.

1977, c. 59, s. 10.