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I-3 - Taxation Act
Section 965.125
Disposition versions
965.125. The adjusted cost of a share that is a valid share to an individual or a qualified mutual fund is obtained by multiplying the cost of the share to the individual or the qualified mutual fund, determined without reference to the borrowing costs, brokerage or custody fees or other similar costs related to the share, by
(a) 150% in the case of a valid share acquired by the individual or the qualified mutual fund after 19 March 2009 and before 1 January 2011; or
(b) 100% in the case of any other valid share acquired by the individual or the qualified mutual fund.
965.125. The adjusted cost of a share that is a valid share to an individual or a qualified mutual fund is equal to the cost of the share to the individual or the qualified mutual fund, determined without reference to the borrowing costs, brokerage or custody fees or other similar costs related to the share.
