I-3 - Taxation Act

Section 1135.3.1 Disposition versions

2011-06-06

1135.3.1. The property to which the first paragraph of section 1135.1 and sections 1135.3 and 1135.3.0.1 refer is a property included in Class 29 of Schedule B to the Regulation respecting the Taxation Act (chapter I-3, r. 1), if the property is acquired after 18 March 2007, or in Class 43 of that Schedule in any other case, that

(a)  is a property acquired after 23 March 2006 (other than a property described in paragraph b, a property acquired pursuant to an obligation in writing entered into before 24 March 2006 or the construction of which, if applicable, by or on behalf of the purchaser, had begun by 23 March 2006, or any other property acquired after 13 March 2008 that is not a property acquired pursuant to an obligation in writing entered into before 14 March 2008 or the construction of which, if applicable, by or on behalf of the purchaser, had begun by 13 March 2008) and that

i.  begins to be used within a reasonable time after being acquired,

ii.  is used solely in Québec in the course of carrying on a business and mainly in

(1)  sawmill and wood preservation activities included in the group described under code 3211 of the North American Industry Classification System (NAICS) Canada, as amended from time to time and published by Statistics Canada,

(2)  activities involved in the manufacturing of veneer, plywood and engineered wood products included in the group described under code 3212 of the North American Industry Classification System (NAICS) Canada, as amended from time to time and published by Statistics Canada, excluding activities involved in the manufacturing of structural wood products included in the class described under code 321215 of that publication, or

(3)  activities relating to pulp, paper and paperboard mills included in the group described under code 3221 of the North American Industry Classification System (NAICS) Canada, as amended from time to time and published by Statistics Canada, and

iii.  was not, before its acquisition, used for any purpose or acquired to be used or leased for any purpose whatever; or

(b)  is a property acquired after 23 November 2007 (other than a property acquired pursuant to an obligation in writing entered into before 24 November 2007 or the construction of which, if applicable, by or on behalf of the purchaser, had begun by 23 November 2007, or any other property acquired after 13 March 2008 that is not a property acquired pursuant to an obligation in writing entered into before 14 March 2008 or the construction of which, if applicable, by or on behalf of the purchaser, had begun by 13 March 2008) and that

i.  begins to be used within a reasonable time after being acquired,

ii.  is used solely in Québec and mainly in the course of carrying on a business, and

iii.  was not, before its acquisition, used for any purpose or acquired to be used or leased for any purpose whatever.

2006, c. 36, s. 254; 2009, c. 5, s. 543; 2009, c. 15, s. 430; 2011, c. 6, s. 223.

2009-06-04

1135.3.1. The property to which the first paragraph of section 1135.1 and sections 1135.3 and 1135.3.0.1 refer is a property described in Class 43 of Schedule B to the Regulation respecting the Taxation Act (R.R.Q., c. I-3, r. 1) that

(a)  is a property acquired after 23 March 2006 (other than a property described in paragraph b, a property acquired pursuant to an obligation in writing entered into before 24 March 2006 or the construction of which, if applicable, by or on behalf of the purchaser, had begun by 23 March 2006, or any other property acquired after 13 March 2008 that is not a property acquired pursuant to an obligation in writing entered into before 14 March 2008 or the construction of which, if applicable, by or on behalf of the purchaser, had begun by 13 March 2008) and that

i.  begins to be used within a reasonable time after being acquired,

ii.  is used solely in Québec in the course of carrying on a business and mainly in

(1)  sawmill and wood preservation activities included in the group described under code 3211 of the North American Industry Classification System (NAICS) Canada, as amended from time to time and published by Statistics Canada,

(2)  activities involved in the manufacturing of veneer, plywood and engineered wood products included in the group described under code 3212 of the North American Industry Classification System (NAICS) Canada, as amended from time to time and published by Statistics Canada, excluding activities involved in the manufacturing of structural wood products included in the class described under code 321215 of that publication, or

(3)  activities relating to pulp, paper and paperboard mills included in the group described under code 3221 of the North American Industry Classification System (NAICS) Canada, as amended from time to time and published by Statistics Canada, and

iii.  was not, before its acquisition, used for any purpose or acquired to be used or leased for any purpose whatever; or

(b)  is a property acquired after 23 November 2007 (other than a property acquired pursuant to an obligation in writing entered into before 24 November 2007 or the construction of which, if applicable, by or on behalf of the purchaser, had begun by 23 November 2007, or any other property acquired after 13 March 2008 that is not a property acquired pursuant to an obligation in writing entered into before 14 March 2008 or the construction of which, if applicable, by or on behalf of the purchaser, had begun by 13 March 2008) and that

i.  begins to be used within a reasonable time after being acquired,

ii.  is used solely in Québec and mainly in the course of carrying on a business, and

iii.  was not, before its acquisition, used for any purpose or acquired to be used or leased for any purpose whatever.

2006, c. 36, s. 254; 2009, c. 5, s. 543; 2009, c. 15, s. 430.

2009-05-15

1135.3.1. The property to which the first paragraph of section 1135.1 and sections 1135.3 and 1135.3.0.1 refer is a property described in Class 43 of Schedule B to the Regulation respecting the Taxation Act (R.R.Q., 1981, c. I-3, r. 1) that

(a)  is acquired after 23 March 2006 (other than a property described in paragraph b or a property acquired pursuant to an obligation in writing entered into before 24 March 2006 or the construction of which, if applicable, by or on behalf of the purchaser, had begun before 23 March 2006) and that

i.  begins to be used within a reasonable time after being acquired,

ii.  is used solely in Québec in the course of carrying on a business and mainly in

(1)  sawmill and wood preservation activities included in the group described under code 3211 of the North American Industry Classification System (NAICS) Canada, as amended from time to time and published by Statistics Canada,

(2)  activities involved in the manufacturing of veneer, plywood and engineered wood products included in the group described under code 3212 of the North American Industry Classification System (NAICS) Canada, as amended from time to time and published by Statistics Canada, excluding activities involved in the manufacturing of structural wood products included in the class described under code 321215 of that publication, or

(3)  activities relating to pulp, paper and paperboard mills included in the group described under code 3221 of the North American Industry Classification System (NAICS) Canada, as amended from time to time and published by Statistics Canada, and

iii.  was not, before its acquisition, used for any purpose or acquired to be used or leased for any purpose whatever; or

(b)  is acquired after 23 November 2007 (other than a property acquired pursuant to an obligation in writing entered into before 24 November 2007 or the construction of which, if applicable, by or on behalf of the purchaser, had begun before 23 November 2007) and that

i.  begins to be used within a reasonable time after being acquired,

ii.  is used solely in Québec and mainly in the course of carrying on a business, and

iii.  was not, before its acquisition, used for any purpose or acquired to be used or leased for any purpose whatever.

2006, c. 36, s. 254; 2009, c. 5, s. 543.

2006-12-06

1135.3.1. The property to which the first paragraph of section 1135.1 and section 1135.3 refer is a property described in Class 43 of Schedule B to the Regulation respecting the Taxation Act (R.R.Q., 1981, chapter I-3, r.1) that

(a)  is acquired after 23 March 2006 and before 1 January 2010, but is not a property acquired pursuant to an obligation in writing entered into before 24 March 2006 or the construction of which, where applicable, by or on behalf of the purchaser, had begun before 23 March 2006;

(b)  begins to be used within a reasonable time after being acquired;

(c)  is used solely in Québec in the course of carrying on a business and mainly in

i.  sawmill and wood preservation activities included in the group described under code 3211 of the North American Industry Classification System (NAICS) Canada, as amended from time to time and published by Statistics Canada,

ii.  activities involved in the manufacturing of veneer, plywood and engineered wood products included in the group described under code 3212 of the North American Industry Classification System (NAICS) Canada, as amended from time to time and published by Statistics Canada, excluding activities involved in the manufacturing of structural wood products included in the class described under code 321215 of that publication, or

iii.  activities relating to pulp, paper and paperboard mills included in the group described under code 3221 of the North American Industry Classification System (NAICS) Canada, as amended from time to time and published by Statistics Canada; and

(d)  was not, before its acquisition, used for any purpose or acquired to be used or leased for any purpose whatever.

2006, c. 36, s. 254.