I-3 - Taxation Act

Section 308.3.4 Disposition versions

2009-06-04

308.3.4. For the purpose of determining whether a person is a specified shareholder of a corporation for the purposes of the definition of “qualified person” in the first paragraph of section 308.0.1, subparagraph i of paragraph b of section 308.3.1 and paragraph h of section 308.3.2 when it applies for the purposes of subparagraph iii of paragraph b of section 308.3.1, section 21.17 is to be read as if “not less than 10% of the issued shares of any class of the capital stock of the corporation” was replaced by “not less than 10% of the issued shares of any class of the capital stock of the corporation, other than shares of a specified class within the meaning of section 308.0.1,”.

2009, c. 15, s. 76.