46. There shall be an exemption from duties in the case where it is established, to the satisfaction of the Minister, that a written agreement existed between the transferor and the transferee before 12 May 1976 in relation with a transfer, except if such transfer is not made within a reasonable time after 11 May 1976.
The application for registration of a transfer contemplated in section 17 or the statement contemplated in section 27 must mention the agreement, which must be annexed to the application or to the statement.
1976, c. 23, s. 46; 1994, c. 22, s. 23.