I-0.4 - Mining Tax Act

Section 52 Disposition versions

2015-09-01

52. For the purposes of sections 51 and 52.0.2, an operator required to make a payment for a fiscal year under section 46 is deemed to have been liable to make payments based on the method from among those described in paragraph 1 of section 46 that gives, as the total amount of payments for the fiscal year, the lowest amount to be paid on or before each of the dates referred to in that paragraph, by reference, depending on the method, to

(1)  the duties payable for the fiscal year or the operator’s first basic provisional account within the meaning of section 46.0.1 for the fiscal year; or

(2)  the operator’s second basic provisional account within the meaning of section 46.0.2 for the fiscal year and the operator’s first basic provisional account for the fiscal year.

1975, c. 30, s. 52; 1994, c. 47, s. 48; 2011, c. 6, s. 78; 2015, c. 8, s. 62.

2011-06-06

52. For the purposes of section 51, an operator required to make a payment for a fiscal year under section 46 is deemed to have been liable to make payments based on the method described in paragraph 1 of section 46 that gives the lowest amount to be paid on or before each of the dates referred to in the said paragraph, by reference to

(1)  the operator’s estimated duties for the current fiscal year or the operator’s first basic provisional account within the meaning of section 46.0.1 for the fiscal year; or

(2)  the operator’s second basic provisional account within the meaning of section 46.0.2 for the fiscal year and the operator’s first basic provisional account for the fiscal year.

1975, c. 30, s. 52; 1994, c. 47, s. 48; 2011, c. 6, s. 78.

1994-12-21

52. For the purposes of section 51, an operator required to make a payment for a fiscal year under section 46 is deemed to have been liable to make payments based on one of the methods described in paragraph 1 of section 46 that gives the lowest amount to be paid on or before each of the dates referred to in the said paragraph, by reference to

(1)  his estimated duties for the current fiscal year or his first basic provisional account within the meaning of section 46.0.1 for the fiscal year; or

(2)  his second basic provisional account within the meaning of section 46.0.2 for the fiscal year and his first basic provisional account for the fiscal year.

1975, c. 30, s. 52; 1994, c. 47, s. 48.

1977-12-31

52. For the purposes of section 51, the operator required to make a payment under section 46 is deemed to have owed payments based on the lesser of his duties payable for the preceding fiscal year and those payable for the current fiscal year.

1975, c. 30, s. 52.