I-4 - Act respecting the application of the Taxation Act

Section 29 Disposition versions

1977-12-31

29. The capital cost of the property contemplated in section 28 to the partnership is computed in the manner contemplated in section 23 as if that property constituted a prescribed class and as if the cost of acquisition of that property for each member of the partnership on 31 December 1971 was its actual cost or its presumed cost under the regulations made under former Acts.

1972, c. 24, s. 43; 1973, c. 17, s. 143.