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

Section 87 Disposition versions

2001-05-23

87. The rules provided in section 86 also apply when, pursuant to an exchange or a reorganization to which sections 301, 301.3, 536 to 539 or 541 to 543.1 of the Taxation Act (chapter I-3) apply, a taxpayer acquires a property referred to in the said sections in consideration of a property he owned on 31 December 1971 and thereafter without interruption until the time immediately preceding the exchange or reorganization and if, in the case of a reorganization to which sections 541 to 543.1 apply, the cost, to the taxpayer, of the property so acquired is determined otherwise than under section 543.1.

1973, c. 18, s. 41; 1975, c. 22, s. 279; 1982, c. 5, s. 208; 2001, c. 7, s. 174.

1982-03-18

87. The rules provided in section 86 also apply when, pursuant to an exchange or a reorganization to which sections 301, 480, 536 to 539 or 541 to 543.1 of the Taxation Act (chapter I-3) apply, a taxpayer acquires a property referred to in the said sections in consideration of a property he owned on 31 December 1971 and thereafter without interruption until the time immediately preceding the exchange or reorganization and if, in the case of a reorganization to which sections 541 to 543.1 apply, the cost, to the taxpayer, of the property so acquired is determined otherwise than under section 543.1.

1973, c. 18, s. 41; 1975, c. 22, s. 279; 1982, c. 5, s. 208.

1977-12-31

87. The rules provided in section 86 also apply when, pursuant to an exchange or a reorganization to which sections 301, 480, 536 to 539 or 541 to 543 of the Taxation Act apply, a taxpayer acquires a property referred to in the said sections in consideration of a property he owned on 31 December 1971 and thereafter without interruption until the time immediately preceding the exchange or reorganization.

1973, c. 18, s. 41; 1975, c. 22, s. 279.