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

Section 130r104 Disposition versions

2012-09-01

130R104. The property referred to in section 130R103 is the property of the taxpayer that is described in section 130R105 and that

(a)  is located in Canada or was acquired by the taxpayer principally for use in Canada;

(b)  was acquired by the taxpayer for that railway, after 10 April 1978 and before 1 January 1988, in the taxation year referred to in section 130R103 or in one of the 4 taxation years immediately preceding that year; and

(c)  was not used for any purpose whatever before it was acquired by the taxpayer.

s. 130R55.2; O.C. 1983-80, s. 7; R.R.Q., 1981, c. I-3, r. 1, s. 130R55.2; O.C. 2583-85, s. 4; O.C. 134-2009, s. 1.