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

Section 21.11.15r1 Disposition versions

2012-09-01

21.11.15R1. For the purposes of section 21.11.15 of the Act, the following shares are prescribed shares at any particular time:

(a)  the 8.5% Cumulative Redeemable Convertible Class A Preferred Shares of St. Marys Paper Inc. issued on 7 July 1987, where such shares are not deemed, by reason of paragraph c of section 21.11.16 of the Act, to have been issued after that date and before the particular time;

(b)  the Cumulative Redeemable Preferred Shares of CanUtilities Holdings Ltd. issued before 1 July 1991, unless the amount of the consideration for which all such shares were issued exceeds $300,000,000 or the particular time is after 1 July 2001; and

(c)  the shares referred to in paragraph b of section 21.6R4.

s. 21.11.15R1; O.C. 1114-92, s. 5; O.C. 134-2009, s. 1.