I-3 - Taxation Act

Section 725.2.0.1 Disposition versions

2021-06-02

725.2.0.1. Where section 725.2 applies in respect of a security that a qualifying person has agreed to sell or issue under an agreement referred to in section 48 and the qualifying person was a qualified corporation for the calendar year that includes the time at which the individual to whom that section 725.2 applies acquired rights under the agreement in relation to the acquisition of the security, it is to be read as if “25%” in the portion before paragraph a were replaced by “50%” and without reference to subparagraphs ii to iv of paragraph c.

2009, c. 15, s. 109; 2017, c. 1, s. 169; 2021, c. 14, s. 61.

2017-02-08

725.2.0.1. Where section 725.2 applies in respect of a security that a qualifying person has agreed to sell or issue under an agreement referred to in section 48 and the qualifying person was a qualified corporation for the calendar year that includes the time at which the individual to whom that section 725.2 applies acquired rights under the agreement in relation to the acquisition of the security, it is to be read as if “25%” in the portion before paragraph a were replaced by “50%” and without reference to subparagraphs ii and iii of paragraph c.

2009, c. 15, s. 109; 2017, c. 1, s. 169.

2009-06-04

725.2.0.1. When section 725.2 applies in respect of a security of a qualifying person that is a qualified corporation for a particular calendar year that includes the time at which an individual acquires rights under an agreement referred to in section 48 to acquire the security, it is to be read as if “25%” in the portion before paragraph a was replaced by “50%” and without reference to subparagraphs ii and iii of paragraph c.

2009, c. 15, s. 109.