I-0.4 - Mining Tax Act

Section 17 Disposition versions

2011-06-06

17. (Repealed).

1975, c. 30, s. 17; 1994, c. 47, s. 17; 2011, c. 6, s. 44.

1994-12-21

17. Subject to sections 17.1 and 19, an operator may deduct for a fiscal year, as an investment allowance, 331/3% of the amount by which the expenses described in section 18 and incurred during the period commencing on 1 April 1975 and ending on 12 May 1994 exceeds the expenses in respect of which an investment allowance was claimed by the operator for the preceding fiscal years.

1975, c. 30, s. 17; 1994, c. 47, s. 17.

1977-12-31

17. An operator may deduct as investment allowance, for each fiscal year, an amount not exceeding 331/3 per cent of the expenses described in section 18 incurred during the period beginning on 1 April 1975 and ending at the end of the fiscal year, less the amounts deducted for that purpose for the preceding fiscal years.

1975, c. 30, s. 17.