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

Section 818r18 Disposition versions

2017-04-12

818R18. (Revoked).

s. 818R11; O.C. 3926-80, s. 31; R.R.Q., 1981, c. I-3, r. 1, s. 818R11; O.C. 91-94, s. 63; O.C. 473-95, s. 19; O.C. 1707-97, s. 98; O.C. 1463-2001, s. 79; O.C. 134-2009, s. 1; O.C. 321-2017, s. 36.

2012-09-01

818R18. The excess amount referred to in paragraph a of section 818R17 is the amount by which the amount that would have been for the insurer its Canadian investment fund for the year if it had been a life insurer resident in Canada registered under the Insurance Companies Act (S.C. 1991, c. 47) for the purposes of carrying on an insurance business in Canada and if the only insurance business, other than a life insurance business, carried on by it in Canada were an accident and sickness insurance business exceeds the amount determined under the second paragraph.

The amount to which the first paragraph refers is the amount by which one-half of the aggregate of the amounts described in paragraphs a to d and f of section 818R10 in respect of the insurer at the end of the year and those amounts at the end of the preceding taxation year exceeds the value for the year of the aggregate of its property referred to in paragraph e of section 818R38, excluding money and any amount on deposit to its credit with a corporation authorized to accept deposits or to offer services as a trustee, in respect of the aggregate of its insurance businesses in Canada, other than a property and casualty insurance business.

s. 818R11; O.C. 3926-80, s. 31; R.R.Q., 1981, c. I-3, r. 1, s. 818R11; O.C. 91-94, s. 63; O.C. 473-95, s. 19; O.C. 1707-97, s. 98; O.C. 1463-2001, s. 79; O.C. 134-2009, s. 1.