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

Section 818r32 Disposition versions

2017-04-12

818R32. (Revoked).

s. 818R25; O.C. 3926-80, s. 31; R.R.Q., 1981, c. I-3, r. 1, s. 818R25; O.C. 91-94, s. 72; O.C. 1707-97, s. 98; O.C. 134-2009, s. 1; O.C. 321-2017, s. 36.

2012-09-01

818R32. For the purposes of Chapters II to XIV, XVI and XX, an investment property of an insurer for a taxation year means property that is not included in a segregated fund and is

(a)  a property that the insurer has acquired for the purpose of earning gross investment revenue derived therefrom, excluding property described in section 818R33;

(b)  the portion of property of the insurer that is property referred to in section 818R34, other than property that is a property a portion of which is an investment property pursuant to paragraph c, corresponding to the proportion of the property that the use made of the property in the year for the purpose of earning gross investment revenue derived therefrom is of the whole use of the property in the year;

(c)  the portion of a property of the insurer that is property referred to in section 818R34, that is not used in the year for the purpose of earning gross investment income, to the extent that it is held for resale or development or to the extent that, as may be expected, it will be used in a subsequent taxation year for the purpose of earning gross investment income; or

(d)  subject to section 818R35, property of the insurer that is a share of a designated corporation the main business of which is not the making of loans and that does not carry on a business of insurance, banking or offering services as a trustee, a debt owing to the insurer by such a corporation, an interest in a trust or an interest in a partnership.

s. 818R25; O.C. 3926-80, s. 31; R.R.Q., 1981, c. I-3, r. 1, s. 818R25; O.C. 91-94, s. 72; O.C. 1707-97, s. 98; O.C. 134-2009, s. 1.