I-3, r. 1 - Regulation respecting the Taxation Act

Section 130r149 Disposition versions

2012-09-01

130R149. Section 130R148 does not apply unless the taxpayer acquires the property referred to therein,

(a)  in the course of a reorganization in respect of which, if a dividend were received by a corporation in the course of the reorganization, section 308.1 of the Act would not be applicable to the dividend by reason of the application of section 308.3 of the Act; or

(b)  from a person with whom the taxpayer is not dealing at arm’s length, otherwise than by virtue of a right referred to in paragraph b of section 20 of the Act, at the time the property is acquired.

s. 130R71; O.C. 1981-80, s. 130R71; R.R.Q., 1981, c. I-3, r. 1, s. 130R71; O.C. 1472-87, s. 6; O.C. 1471-91, s. 16; O.C. 1697-92, s. 38; O.C. 1707-97, s. 98; O.C. 134-2009, s. 1.