I-3 - Taxation Act

Section 1029.8.33.19 Disposition versions

2006-03-01

1029.8.33.19. For the purposes of sections 1029.8.33.17 and 1029.8.33.18, an amount of assistance is deemed to be repaid, at a particular time, by an eligible taxpayer or a qualified partnership, as the case may be, pursuant to a legal obligation, where that amount

(a)  reduced, because of section 1029.8.33.16, the amount of a qualified expenditure referred to in section 1029.8.33.13 or the share of a taxpayer who is a member of the qualified partnership of an aggregate of qualified expenditure referred to in section 1029.8.33.14, for the purpose of computing the amount that the taxpayer is deemed to have paid to the Minister for a taxation year under sections 1029.8.33.13 and 1029.8.33.14;

(b)  was not received by the eligible taxpayer or qualified partnership; and

(c)  ceased, at that particular time, to be an amount that the eligible taxpayer or qualified partnership, as the case may be, may reasonably expect to receive.

1997, c. 85, s. 253; 2001, c. 7, s. 169; 2002, c. 40, s. 135.