I-3 - Taxation Act

Section 1029.8.5.3 Disposition versions

2007-11-07

1029.8.5.3. A corporation to which paragraph j of section 1029.8.1 refers is a corporation which, in the 24 months preceding the date on which a contract referred to in section 1029.8.6 or 1029.8.7 is entered into or at a later time determined by the Minister, is controlled, directly or indirectly in any manner whatever, by

(a)  an eligible university entity;

(b)  an eligible public research centre;

(c)  an eligible research consortium;

(d)  a trust one of the capital or income beneficiaries of which is an eligible university entity, an eligible public research centre or an eligible research consortium;

(e)  a corporation carrying on a personal services business; or

(f)  a combination of entities or persons each of which is referred to in any of paragraphs a to e.

1993, c. 19, s. 98; 1997, c. 3, s. 57; 2004, c. 21, s. 266; 2007, c. 12, s. 116.

2006-03-01

1029.8.5.3. A corporation to which the definition of “controlled corporation” in section 1029.6.1 and paragraph j of section 1029.8.1 refers is a corporation which, in the 24 months preceding the date on which a contract referred to in any of sections 1029.7, 1029.8, 1029.8.6 and 1029.8.7 is entered into or at a later time determined by the Minister, is controlled, directly or indirectly in any manner whatever, by

(a)  an eligible university entity;

(b)  an eligible public research centre;

(c)  an eligible research consortium;

(d)  a trust one of the capital or income beneficiaries of which is an eligible university entity, an eligible public research centre or an eligible research consortium;

(e)  a corporation carrying on a personal services business; or

(f)  a combination of entities or persons each of which is referred to in any of paragraphs a to e.

1993, c. 19, s. 98; 1997, c. 3, s. 57; 2004, c. 21, s. 266.