503.2R1. For the purposes of section 503.2 of the Act,(a) the prescribed election is that provided for by subsection 3.2 of section 184 of the Income Tax Act (R.S.C. 1985, c. 1 (5th Suppl.));
(b) the prescribed terms and conditions are those determined in paragraph c of subsection 3.2 of section 184 of the Income Tax Act; and
(c) the prescribed documents are evidence that the election provided for by subsection 3.2 of section 184 of the Income Tax Act was made and a true copy of the documents forwarded to the Minister of National Revenue in support of that election.