I-3 - Taxation Act

Section 985.2.3 Disposition versions

2021-06-04

985.2.3. For the purposes of paragraph d of section 985.1, where a corporation or trust devotes any part of its resources to the direct or indirect support of, or opposition to, any political party or candidate for public office, it is deemed not to be constituted and operated exclusively for charitable purposes.

1987, c. 67, s. 178; 1995, c. 49, s. 236; 1997, c. 3, s. 71; 2021, c. 18, s. 79.

2006-03-01

985.2.3. For the purposes of paragraph d of section 985.1, where a corporation or trust devotes substantially all of its resources to charitable purposes and part of its resources to political activities, it shall be considered to be constituted and operated for charitable purposes in respect of that part of its resources so devoted to political activities if

(a)  such political activities are ancillary and incidental to its charitable purposes; and

(b)  such political activities do not include the direct or indirect support of, or opposition to, any political party or candidate for public office.

1987, c. 67, s. 178; 1995, c. 49, s. 236; 1997, c. 3, s. 71.