I-3, r. 1 - Regulation respecting the Taxation Act

Section 360r15 Disposition versions

2012-09-01

360R15. Sections 360R18, 360R34, 360R40, 360R73 and 360R87 do not apply

(a)  in respect of a property acquired by way of an amalgamation or a winding-up to which Division XII applies;

(b)  in respect of the acquisition of a property by a corporation before 18 February 1987 in order to permit that corporation to deduct an amount that it would not have been entitled to deduct under this chapter if this chapter, as it read in its application to the taxation years ending before 18 February 1987, had applied to the taxation years ending after 17 February 1987; or

(c)  in respect of a property acquired in any manner whatever from a person who is exempt from tax under Part I of the Act on that person’s taxable income.

s. 360R5.7; O.C. 35-96, s. 21; O.C. 1707-97, s. 98; O.C. 1451-2000, s. 9; O.C. 134-2009, s. 1.