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

Section 95
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95. Investments in the form of bonds, debentures, hypothecary claims, mortgages or agreements of sale held by the credit union at the commencement of its 1972 taxation year must be valued at their actual cost to the credit union plus a reasonable amount for the amortization of the excess of the principal of such investments over their actual cost to the credit union at the time of acquisition or, as the case may be, less a reasonable amount for the amortization of the excess of the actual cost of them to the credit union at the acquisition over the principal at that time.
1972, c. 24, s. 142; 1996, c. 39, s. 281; 2005, c. 1, s. 304.
95. Investments in the form of bonds, debentures, obligations secured by mortgage or agreements of sale held by the credit union at the commencement of its 1972 taxation year must be valued at their actual cost to the credit union plus a reasonable amount for the amortization of the excess of the principal of such investments over their actual cost to the credit union at the time of acquisition or, as the case may be, less a reasonable amount for the amortization of the excess of the actual cost of them to the credit union at the acquisition over the principal at that time.
1972, c. 24, s. 142; 1996, c. 39, s. 281.
95. Investments in the form of bonds, debentures or hypothecs held by the credit union at the commencement of its 1972 taxation year must be valued at their actual cost to the credit union plus a reasonable amount for the amortization of the excess of the principal of such investments over their actual cost to the credit union at the time of acquisition or, as the case may be, less a reasonable amount for the amortization of the excess of the actual cost of them to the credit union at the acquisition over the principal at that time.
1972, c. 24, s. 142.
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