A-6.002 - Tax Administration Act

Full text
14.7. For the purposes of section 14.4, where the property is transferred to a spouse pursuant to a decree, order or judgment of a competent tribunal or pursuant to a written separation agreement, the fair market value of the property at the time of the transfer is deemed to be equal to zero if, at that time, the transferor and his spouse are living separate and apart because of the breakdown of their marriage.
1989, c. 77, s. 108; 1997, c. 3, s. 83; 1997, c. 85, s. 339.
14.7. For the purposes of section 14.4, where the property is transferred to a spouse pursuant to a decree, order or judgment of a competent tribunal or pursuant to a written separation agreement, the fair market value of the property at the time of the transfer is deemed to be equal to zero if, at that time, the transferor and his spouse are living apart as a result of the breakdown of their marriage.
1989, c. 77, s. 108; 1997, c. 3, s. 83.
14.7. For the purposes of section 14.4, where the property is transferred to a spouse pursuant to a decree, order or judgment of a competent tribunal or pursuant to a written separation agreement, the fair market value of the property at the time of the transfer is deemed to be nil if, at that time, the transferor and his spouse are living apart as a result of the breakdown of their marriage.
1989, c. 77, s. 108.