I-0.4 - Mining Tax Act

Section 4.10 Disposition versions

2011-06-06

4.10. For the purpose of applying this Act to an operator’s reversionary year, section 4.8 is to be read as if

(1)  “Canadian currency year” was replaced by “functional currency year” in

(a)  the portion before paragraph 1,

(b)  paragraph 1,

(c)  subparagraph b of paragraph 2, and

(d)  paragraph 3; and

(2)  “functional currency year”, “Canadian currency” and “the operator’s elected functional currency” in the portion before paragraph 1 were replaced, respectively, by “reversionary year”, “the operator’s elected functional currency” and “Canadian currency”.

2011, c. 6, s. 18.