I-3 - Taxation Act

Section 1029.8.116.18.2 Disposition versions

2021-06-02

1029.8.116.18.2. In respect of an application that an eligible individual is deemed to have validly made under section 1029.8.116.18.1 for a payment period, the following rules apply:

(a)  section 1029.8.116.16 is to be read without reference to “and if the individual and, if applicable, the individual’s cohabiting spouse at the end of the base year relating to that period file the document specified in section 1029.8.116.19 for that base year” in the portion before the formula in the first paragraph; and

(b)  the amount that is deemed, for the payment period, to be an overpayment of the tax payable by the eligible individual is determined by the formula in the first paragraph of section 1029.8.116.16 as if

i.  the amount represented by A were equal to the amount specified in subparagraph i of subparagraph a of the second paragraph of section 1029.8.116.16, unless the Minister holds, in respect of the eligible individual, the information necessary to determine the individual’s eligibility for the amount specified in subparagraph ii or iii of that subparagraph a, as the case may be, and

ii.  the amounts represented by B and C were each equal to zero.

2021, c. 14, s. 159.