999.0.2. Section 999.0.1 does not apply in respect of an insurer described in paragraph k of section 998 in respect of the insurer’s taxable income for a taxation year where more than 90% of the total of the gross premium income earned in the year by the insurer and, where the insurer is not a prescribed insurer, any other person described in section 999.0.3 was in respect of insurance referred to in the said paragraph k.
1990, c. 59, s. 337; 1993, c. 16, s. 323.