I-3 - Taxation Act

Section 737.22.0.1.3 Disposition versions

2012-05-09

737.22.0.1.3. Where, but for this section, a corporation would no longer be an eligible employer for a taxation year because of the revocation of a certificate or a qualification certificate it was issued, the following rules must, for the purposes of this Title, be taken into consideration despite any provision to the contrary:

(a)  if the corporation is described in any of paragraphs a and g to j of the definition of “eligible employer” in the first paragraph of section 737.22.0.1, the certificate or qualification certificate is deemed to be valid until the time the certificate or qualification certificate is revoked and it is deemed, only as of that time, not to have been issued; and

(b)  if the corporation is described in any of paragraphs b to f of that definition, the certificate is deemed not to have been revoked for that taxation year.

2005, c. 38, s. 122; 2012, c. 8, s. 92.

2006-03-01

737.22.0.1.3. For the purposes of the definition of “eligible employer” in the first paragraph of section 737.22.0.1, the following rules apply:

(a)  if a certificate or qualification certificate that was issued to a corporation described in any of paragraphs a and g to j of the definition of that expression is revoked, the certificate or qualification certificate is deemed to be null at the time the certificate or qualification certificate is revoked or, if it is later, at the time the revocation becomes effective, and is deemed not to have been issued as of that time; and

(b)  if a certificate that was issued for a taxation year to a corporation described in any of paragraphs b to f of the definition of that expression is revoked, the certificate is deemed not to have been revoked for that taxation year.

2005, c. 38, s. 122.