T-0.1 - Act respecting the Québec sales tax

Section 52.1 Disposition versions

1997-12-19

52.1. (Repealed).

1993, c. 19, s. 176; 1995, c. 63, s. 328; 1997, c. 85, s. 453.

1995-12-15

52.1. Where a registrant accepts in full or partial consideration for the supply of a road vehicle that must be registered under the Highway Safety Code (chapter C-24.2) following an application by the recipient of the vehicle another road vehicle (in this section referred to as the “exchanged road vehicle”) the value of the consideration for the supply shall be reduced by the credit granted by the registrant to the recipient for the exchanged road vehicle, where the following conditions are met:

(1)  the exchanged road vehicle is a used vehicle, is owned by the recipient and is registered under the said Code or a law of another jurisdiction;

(2)  the supply of the exchanged road vehicle to the registrant is a non-taxable supply, as the definition of that expression would read were it not struck out.

This section does not apply where

(1)  the exchanged road vehicle is

(a)  a vehicle referred to in paragraph 10 of section 178,

(b)  a vehicle in respect of which the recipient is entitled to a rebate of the tax payable in respect of the vehicle, or

(c)  a vehicle that the recipient has acquired by way of a non-taxable supply, as the definition of that expression read before it was struck out; or

(2)  the road vehicle supplied by the registrant is a vehicle in respect of which the recipient is entitled to a rebate of the tax payable in respect of the vehicle.

1993, c. 19, s. 176; 1995, c. 63, s. 328.

1993-06-15

52.1. Where a registrant accepts in full or partial consideration for the supply of a road vehicle that must be registered under the Highway Safety Code (chapter C-24.2) following an application by the recipient of the vehicle another road vehicle (in this section referred to as the “exchanged road vehicle”) the value of the consideration for the supply shall be reduced by the credit granted by the registrant to the recipient for the exchanged road vehicle, where the following conditions are met:

(1)  the exchanged road vehicle is a used vehicle, is owned by the recipient and is registered under the said Code or a law of another jurisdiction;

(2)  the supply of the exchanged road vehicle to the registrant is a non-taxable supply.

This section does not apply where

(1)  paragraph 10 of section 178 or section 206.2 applies to the exchanged road vehicle; or

(2)  the recipient acquired the exchanged road vehicle by way of a non-taxable supply.

1993, c. 19, s. 176.