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

Section 92.5r4 Disposition versions

2012-09-01

92.5R4. The amount determined as interest on a debt obligation referred to in section 92.5 of the Act is

(a)  in the case of a debt obligation referred to in subparagraph a of the first paragraph of section 92.5R3, the amount of interest determined under section 92.5R5;

(b)  in the case of a debt obligation referred to in subparagraph b of the first paragraph of section 92.5R3, the amount of interest determined under section 92.5R6;

(c)  in the case of a debt obligation referred to in subparagraph c of the first paragraph of section 92.5R3, other than an obligation in respect of which paragraph d applies, the amount of interest determined under section 92.5R8;

(d)  in the case of a debt obligation referred to in subparagraph c of the first paragraph of section 92.5R3 for which the rate of interest stipulated to be payable in respect of each period throughout which the obligation is outstanding is fixed at the date of issue of the obligation and the stipulated rate of interest applicable at each time is not less than each stipulated rate of interest applicable before that time, the amount of interest determined under section 92.5R9; and

(e)  in the case of a debt obligation referred to in subparagraph d of the first paragraph of section 92.5R3, the amount of interest determined under section 92.5R11.

s. 92.5R4; O.C. 7-87, s. 2; O.C. 1466-98, s. 11; O.C. 1463-2001, s. 32; O.C. 134-2009, s. 1.