I-3 - Taxation Act

Section 1135.3 Disposition versions

2011-06-06

1135.3. The property to which the first paragraph of section 1135.1 refers is a property included in Class 29 of Schedule B to the Regulation respecting the Taxation Act (chapter I-3, r. 1), if the property is acquired after 18 March 2007, or in Class 43 of that Schedule in any other case, other than a property described in section 1135.3.0.1 or 1135.3.1, that

(a)  is acquired after 21 April 2005, but is not a property acquired pursuant to an obligation in writing entered into before 22 April 2005 or the construction of which, if applicable, by or on behalf of the purchaser, had begun by 21 April 2005, nor any other property acquired after 13 March 2008 that is not a property acquired pursuant to an obligation in writing entered into before 14 March 2008 or the construction of which, if applicable, by or on behalf of the purchaser, had begun by 13 March 2008;

(b)  begins to be used within a reasonable time after being acquired;

(c)  is used solely in Québec and mainly in the course of carrying on a business; and

(d)  was not, before its acquisition, used for any purpose or acquired to be used or leased for any purpose whatever.

2005, c. 38, s. 314; 2006, c. 36, s. 253; 2009, c. 5, s. 541; 2009, c. 15, s. 428; 2011, c. 6, s. 221.

2009-06-04

1135.3. The property to which the first paragraph of section 1135.1 refers is a property described in Class 43 of Schedule B to the Regulation respecting the Taxation Act (R.R.Q., c. I-3, r. 1), other than a property described in section 1135.3.0.1 or 1135.3.1, that

(a)  is acquired after 21 April 2005, but is not a property acquired pursuant to an obligation in writing entered into before 22 April 2005 or the construction of which, if applicable, by or on behalf of the purchaser, had begun by 21 April 2005, nor any other property acquired after 13 March 2008 that is not a property acquired pursuant to an obligation in writing entered into before 14 March 2008 or the construction of which, if applicable, by or on behalf of the purchaser, had begun by 13 March 2008;

(b)  begins to be used within a reasonable time after being acquired;

(c)  is used solely in Québec and mainly in the course of carrying on a business; and

(d)  was not, before its acquisition, used for any purpose or acquired to be used or leased for any purpose whatever.

2005, c. 38, s. 314; 2006, c. 36, s. 253; 2009, c. 5, s. 541; 2009, c. 15, s. 428.

2009-05-15

1135.3. The property to which the first paragraph of section 1135.1 refers is a property described in Class 43 of Schedule B to the Regulation respecting the Taxation Act (R.R.Q., 1981, c. I-3, r. 1), other than a property described in section 1135.3.0.1 or 1135.3.1, that

(a)  is acquired after 21 April 2005, but is not a property acquired pursuant to an obligation in writing entered into before 22 April 2005 or the construction of which, where applicable, by or on behalf of the purchaser, had begun before 21 April 2005;

(b)  begins to be used within a reasonable time after being acquired;

(c)  is used solely in Québec and mainly in the course of carrying on a business; and

(d)  was not, before its acquisition, used for any purpose or acquired to be used or leased for any purpose whatever.

2005, c. 38, s. 314; 2006, c. 36, s. 253; 2009, c. 5, s. 541.

2006-12-06

1135.3. The property to which the first paragraph of section 1135.1 refers is a property described in Class 43 of Schedule B to the Regulation respecting the Taxation Act (R.R.Q., 1981, chapter I-3, r.1), other than a property described in section 1135.3.1, that

(a)  is acquired after 21 April 2005 and before 1 January 2008, but is not a property acquired pursuant to an obligation in writing entered into before 22 April 2005 or the construction of which, where applicable, by or on behalf of the purchaser, had begun before 21 April 2005;

(b)  begins to be used within a reasonable time after being acquired;

(c)  is used solely in Québec and mainly in the course of carrying on a business; and

(d)  was not, before its acquisition, used for any purpose or acquired to be used or leased for any purpose whatever.

2005, c. 38, s. 314; 2006, c. 36, s. 253.

2006-03-01

1135.3. The property to which the first paragraph of section 1135.1 refers is a property described in Class 43 of Schedule B to the Regulation respecting the Taxation Act (R.R.Q., 1981, chapter I-3, r.1) that

(a)  is acquired after 21 April 2005 and before 1 January 2008, but is not a property acquired pursuant to an obligation in writing entered into before 22 April 2005 or the construction of which, where applicable, by or on behalf of the purchaser, had begun before 21 April 2005;

(b)  begins to be used within a reasonable time after being acquired;

(c)  is used solely in Québec and mainly in the course of carrying on a business; and

(d)  was not, before its acquisition, used for any purpose or acquired to be used or leased for any purpose whatever.

2005, c. 38, s. 314.