I-3 - Taxation Act

Section 1027.2 Disposition versions

2013-06-05

1027.2. (Repealed).

2003, c. 9, s. 169; 2013, c. 10, s. 95.

2006-03-01

1027.2. An amount that, because of subparagraph a of the first paragraph of section 1027, would otherwise become payable on an eligible instalment day by a qualified corporation for a taxation year of the qualified corporation that ends after 30 September 2001 and before 1 January 2003, becomes payable, not on that day, but

(a)  on the last day of the period that ends six months after the eligible instalment day,

i.  where the taxation year of the qualified corporation ends in February 2002 and the eligible instalment day is a day in October 2001,

ii.  where the taxation year of the qualified corporation ends in March 2002 and the eligible instalment day is a day in October 2001 or a day in November 2001, and

iii.  where the taxation year of the qualified corporation ends after 31 March 2002 and before 1 January 2003; and

(b)  in any other case, on the qualified corporation’s filing-due date for the taxation year.

2003, c. 9, s. 169.