I-3 - Taxation Act

Section 965.9.1.0.3 Disposition versions

2017-12-07

965.9.1.0.3. (Repealed).

1997, c. 85, s. 211; 2006, c. 13, s. 74; 2017, c. 29, s. 166.

2006-06-13

965.9.1.0.3. A share also qualifies for a stock savings plan if

(a)  it is a common share with voting rights issued by a growth corporation;

(b)  it is acquired by an individual, an investment group or an investment fund as first purchaser, other than a dealer acting as an intermediary, as a result of the exercise, on or before 31 December 2005, of a conversion right conferred on the holder of a qualifying non-guaranteed convertible security issued as part of a non-guaranteed convertible security issue;

(c)  it meets the requirements of paragraphs a to c of section 965.9.8.2; and

(d)  the issuing corporation states, in the final prospectus relating to the non-guaranteed convertible security issue mentioned in paragraph b, that the share may be included in a stock savings plan and entitles any person to the benefit provided for in respect of the share by this Title.

1997, c. 85, s. 211; 2006, c. 13, s. 74.

2006-03-01

965.9.1.0.3. A share also qualifies for a stock savings plan if

(a)  it is a common share with voting rights issued by a growth corporation;

(b)  it is acquired by an individual, an investment group or an investment fund as first purchaser, other than a dealer acting as an intermediary, as a result of the exercise of a conversion right conferred on the holder of a qualifying non-guaranteed convertible security issued as part of a non-guaranteed convertible security issue;

(c)  it meets the requirements of paragraphs a to c of section 965.9.8.2; and

(d)  the issuing corporation states, in the final prospectus relating to the non-guaranteed convertible security issue mentioned in paragraph b, that the share may be included in a stock savings plan and entitles any person to the benefit provided for in respect of the share by this Title.

1997, c. 85, s. 211.