I-3 - Taxation Act

Full text
965.20.2. (Repealed).
1986, c. 15, s. 147; 1997, c. 3, s. 71; 2017, c. 29, s. 166.
965.20.2. An individual contemplated in section 965.20.1 who is a member of an investment group and who in the course of a year withdraws from a stock savings plan shares of the same class of the capital stock of a corporation as those which the investment group previously withdrew from its plan is not required to use, in respect of the withdrawal, the method used by the investment group in respect of those shares.
Similarly, an investment group contemplated in section 965.20.1 that in the course of a year withdraws from a stock savings plan shares of the same class of the capital stock of a corporation as those which an individual who is a member of the investment group previously withdrew from his plan is not required to use, in respect of the withdrawal, the method used by the individual in respect of those shares.
1986, c. 15, s. 147; 1997, c. 3, s. 71.