I-3, r. 1 - Regulation respecting the Taxation Act

Section 360r47 Disposition versions

2012-09-01

360R47. The expenditures referred to in subparagraph 1 of subparagraph i of subparagraph a of the second paragraph of section 360R42 and in subparagraph ii of that subparagraph a are expenditures that were incurred in Québec after 31 December 1974 in respect of an oil business by the taxpayer referred to in that section, other than expenditures referred to in section 360R90 in respect of such business, and that would be described in sections 360R48 to 360R57

(a)  if sections 395 and 408 of the Act were read with the word “Canada” replaced by the word “Québec” wherever it occurs; and

(b)  if paragraph c of section 408 of the Act applied only to a property acquired in respect of an oil business and that would be described in section 370 of the Act if the word “Canada” therein were replaced, it occurs wherever, by the word “Québec”.

s. 360R18; O.C. 1981-80, s. 360R18; O.C. 2456-80, s. 9; R.R.Q., 1981, c. I-3, r. 1, s. 360R18; O.C. 35-96, s. 46; O.C. 134-2009, s. 1.