360R7. For the purposes of section 360R6, the following rules must apply:(a) the expense referred to therein does not include an amount included therein that is in respect of financing;
(b) the Canadian exploration and development expense referred to therein or an expense that would have been a Canadian exploration and development expense if it had been incurred after 31 December 1971 does not include the cost of any Canadian resource property acquired by a joint exploration corporation or any property acquired by such a corporation that would have been a Canadian resource property if it had been acquired by the corporation after 31 December 1971; and
(c) the Canadian development expense referred to therein does not include an amount referred to in paragraph c of section 408 of the Act.