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T-0.1 - Act respecting the Québec sales tax
Section 402.23
Disposition versions
402.23. Subject to section 402.24, if tax under any of sections 16, 17, 18 and 18.0.1 is payable by a listed financial institution described in paragraph 6 or 9 of the definition of “listed financial institution” in section 1, other than a selected listed financial institution, or by a selected listed financial institution that is a provincial stratified investment plan, the financial institution is entitled to a rebate equal to the amount determined in the prescribed manner, provided the prescribed conditions are met.
402.23. Subject to section 402.24, if tax under any of sections 16, 17, 18 and 18.0.1 is payable by a listed financial institution described in paragraph 6 or 9 of the definition of “listed financial institution” in section 1, other than a selected listed financial institution, or by a selected listed financial institution that is a stratified investment plan with one or more provincial series, the financial institution is entitled to a rebate equal to the amount determined in the prescribed manner, provided the prescribed conditions are met.
402.23. Subject to section 402.24, if a listed financial institution described in paragraph 6 or 9 of the definition of “listed financial institution” in section 1 (other than a selected listed financial institution) is the recipient of a supply of a specified service and tax under any of sections 16, 18 and 18.0.1 is payable in respect of the supply, the financial institution is entitled to a rebate equal to the amount determined in the prescribed manner, provided the prescribed conditions are met.
For the purposes of this subdivision, “specified service” means a management or administrative service and any other service provided to the recipient of a management or administrative service by the supplier of such a service.
