I-3 - Taxation Act

Section 1053.0.2 Disposition versions

2021-06-02

1053.0.2. (Repealed).

1997, c. 85, s. 292; 1999, c. 83, s. 234; 2009, c. 5, s. 492; 2021, c. 14, s. 180.

2009-05-15

1053.0.2. If the amount of an overpayment by an individual for a taxation year as a consequence of the application, for the year, of Division II.16 or II.17 of Chapter III.1 of Title III, otherwise than as a consequence of the application of the second paragraph of any of sections 1029.8.109, 1029.8.116 and 1029.8.116.0.1, is refunded to, or applied to another liability of, the individual, interest on the overpayment is to be paid to the individual for the period ending on the day the overpayment is refunded or applied, and beginning on the day that is the latest of

(a)  the last day of the month specified for the year, within the meaning of section 1029.8.101 or 1029.8.110, as the case may be, to which the overpayment relates;

(a.1)  30 September 2007 if the overpayment relates to that month because of the application of section 1029.8.114.1;

(b)  the 46th day following the day on which the individual’s fiscal return, referred to in section 1029.8.105 or 1029.8.114, as the case may be, was filed for the year; and

(c)  where an overpayment is determined for the year pursuant to an application to amend the fiscal return referred to in section 1029.8.105 or 1029.8.114, as the case may be, for that year, the 46th day following the day on which the Minister receives the application in writing.

1997, c. 85, s. 292; 1999, c. 83, s. 234; 2009, c. 5, s. 492.

2006-03-01

1053.0.2. Where the amount of an overpayment by an individual for a taxation year as a consequence of the application, for the year, of Division II.16 or II.17 of Chapter III.1 of Title III, otherwise than as a consequence of the application of the second paragraph of section 1029.8.109 or 1029.8.116, is refunded to, or applied to another liability of, the individual, interest thereon shall be paid to the individual for the period ending on the day the overpayment is refunded or applied, and beginning on the day that is the latest of

(a)  the last day of the month specified for the year, within the meaning of section 1029.8.101 or 1029.8.110, as the case may be, to which the overpayment relates;

(b)  the forty-sixth day following the day on which the individual’s fiscal return, referred to in section 1029.8.105 or 1029.8.114, as the case may be, was filed for the year; and

(c)  where an overpayment is determined for the year pursuant to an application to amend the fiscal return referred to in section 1029.8.105 or 1029.8.114, as the case may be, for that year, the forty-sixth day following the day on which the Minister receives the application in writing.

1997, c. 85, s. 292; 1999, c. 83, s. 234.