D-13.2 - Succession Duty Act

Section 21 Disposition versions

1986-05-27

21. (Repealed).

1978, c. 37, s. 21; 1986, c. 15, s. 4.

1978-12-22

21. No deduction is allowed in computing the taxable value of property transmitted owing to death, for

(a)  any debt for which there is a right to reimbursement, to the extent that such right may be exercised;

(b)  any debt or part of a debt which, considering its nature and the circumstances under which it was created or is claimed, would factitously reduce the estate of such person; or

(c)  any obligation assumed in a marriage contract, to the extent that it is not fulfilled at the time of death.

1978, c. 37, s. 21.