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I-3 - Taxation Act

Section 965.123
Disposition versions

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965.123. The adjusted cost of a qualifying share to an individual or a qualified mutual fund is obtained by multiplying the cost of the qualifying share to the individual or the qualified mutual fund, determined without reference to the borrowing costs, brokerage or custody fees or other similar costs related to the qualifying share, by
(a)  150% in the case of a qualifying share acquired by the individual or the qualified mutual fund after 19 March 2009 and before 1 January 2011; or
(b)  100% in the case of any other qualifying share acquired by the individual or the qualified mutual fund.
2006, c. 13, s. 80; 2010, c. 5, s. 123.
965.123. The adjusted cost of a qualifying share to an individual or a qualified mutual fund is the cost of the qualifying share to the individual or the qualified mutual fund, determined without reference to the borrowing costs, brokerage or custody fees or other similar costs related to the qualifying share.
2006, c. 13, s. 80.
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