I-1 - Retail Sales Tax Act

Section 20.17 Disposition versions

1992-03-18

20.17. The following are deemed to be insurance premiums:

(a)  administration costs connected with a policy of insurance of persons which are payable to the person who receives the premium described in subparagraph a of the second paragraph of section 20.10;

(b)  administration costs connected with an insurance premium described in subparagraph b of the second paragraph of section 20.10 and payable to the person who administers the uninsured social benefits plan;

(c)  interest charges and the tax paid or payable, if any, under Part IX of the Excise Tax Act (Revised Statutes of Canada, 1985, chapter E-15) in connection with a taxable premium under an uninsured social benefits plan and, as regards the tax, determined without reference to the input tax credit provided for in the said Part;

(d)  an amount payable to make up a deficit relating to a policy of insurance of persons, whether or not the policy is in force at the time of the payment.

1986, c. 15, s. 23; 1992, c. 1, s. 2.

1986-05-27

20.17. The following are deemed to be insurance premiums:

(a)  administration costs connected with a policy of insurance of persons which are payable to the person who receives the premium;

(b)  an amount payable to make up a deficit relating to a policy of insurance of persons, whether or not the policy is in force at the time of the payment.

1986, c. 15, s. 23.