T-0.1 - Act respecting the Québec sales tax

Section 103 Disposition versions

1992-07-01

103. A supply of farmland by way of sale made by an individual to another individual who is related to or who is a former spouse of the individual, is exempt where

(1)  the farmland was used at any time by the individual in a commercial activity that is the business of farming;

(2)  the farmland was not used, immediately before the time ownership of the property is transferred under the supply, by the individual in a commercial activity other than the business of farming; and

(3)  the other individual is acquiring the farmland for the personal use and enjoyment of the other individual or any individual related thereto.

1991, c. 67, s. 103.