I-0.4, r. 1 - Regulation respecting the mining exploration and development expenses and works mentioned in subparagraph d of section 18 of the Mining Tax Act

Section 1 Disposition versions

2012-09-01

1. Pursuant to subparagraph d of the first paragraph of section 18 of the Mining Tax Act (chapter I-0.4) the costs entailed by the following works may be deducted as an investment allowance:

(a)  diamond drilling carried out on the site of an underground mining operation with the exception of the works mentioned in section 2;

(b)  geological and geophysical works carried out on the mining site; and

(c)  drifting works, with a face surface area not exceeding 20 m2, carried out to explore a target region, provided that the latter is at least 150 m away from any underground opening and at least 200 m from the surface.

R.R.Q., 1981, c. D-15, r. 1, s. 1.