920. (1) Notwithstanding section 919, a trust contemplated therein must pay tax under this Part on its taxable income for a taxation year if it borrows money in the year or has, since 18 June 1971, borrowed money which it has not repaid before the beginning of the year.
(2) The rule provided for in subsection 1 does not apply in the case of borrowed money used in carrying on a business.