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I-3 - Taxation Act

Section 979.2
Disposition versions

Full text
979.2. (Repealed).
1985, c. 25, s. 143; 2007, c. 12, s. 98.
979.2. A reserve account for contingent losses is a separate account held in accordance with a written agreement under which a clearing member undertakes to keep in such account the contributions that a market-maker elects to pay thereinto and under which the latter may withdraw amounts therefrom to compensate for losses resulting from his transactions as market-maker.
1985, c. 25, s. 143.
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