A-3.001, r. 7 - Regulation respecting financing

Section 125 Disposition versions

2012-09-01

125. An employer that, after the date of the resolution or statement prescribed in subparagraph 3 of the third paragraph of section 120, becomes a subsidiary of the parent company or partnership of a group of employers who have submitted an application under section 119 is considered to form part of the group for that assessment year from the date on which the employer becomes a subsidiary. The same applies to a subsidiary that later becomes an employer, from the same date.

The election made by the group under section 101 is applicable to the employer.

Decision 2010-11-18, s. 125.