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

Section 52 Disposition versions

2005-03-17

52. In this chapter,

(a)  “obligation” includes a debenture, bill, note, hypothecary claim, mortgage, agreement of sale or any other similar obligation;

(b)  “capital property” means any depreciable property of the taxpayer and his other property any gain or loss from the disposition of which would, if the property were disposed of after 1971, be a capital gain or a capital loss.

1972, c. 24, s. 63; 1996, c. 39, s. 275; 2005, c. 1, s. 300.

1996-10-30

52. In this chapter,

(a)  “obligation” includes a debenture, bill, note, obligation secured by mortgage, agreement of sale or any other similar obligation;

(b)  “capital property” means any depreciable property of the taxpayer and his other property any gain or loss from the disposition of which would, if the property were disposed of after 1971, be a capital gain or a capital loss.

1972, c. 24, s. 63; 1996, c. 39, s. 275.

1977-12-31

52. For the purposes of this chapter:

(a)  an obligation includes a bill, note, mortgage, hypothec or any other evidence of indebtedness; and

(b)  “capital property” means any depreciable property of the taxpayer and his other property any gain or loss from the disposition of which would, if the property were disposed of after 1971, be a capital gain or a capital loss.

1972, c. 24, s. 63.