28.2. For the purposes of section 28, where a taxpayer pays to the Minister or to a financial institution authorized by the Minister, after the expiry of the time prescribed in subsection 4 of section 1030 of the Taxation Act (chapter I-3) but before the twenty-first day of a subsequent month, all or part of the amount he is required to pay following a notice of assessment, the Minister may decide not to exact payment of the exigible interest on that amount for the period extending from the first day of that month to the day of payment.
The same rule applies where the payment is made by remittance to the Minister, before the twenty-first day of a month, of a negotiable instrument falling due within such time.
This section also applies in respect of an amount claimed under section 12.2.
1983, c. 49, s. 39; 1990, c. 58, s. 2.