T-1, r. 1 - Regulation respecting the application of the Fuel Tax Act

Section 10.10r1 Disposition versions

2012-09-01

10.10R1. For the purposes of section 10.10 of the Act, the amount provided for in section 51.1 of the Act shall be computed using the formula

A x B/C.

For the purposes of this formula,

(a)  A is the amount of the recovered bad debt;

(b)  B is the amount provided for in section 51.1 of the Act, included in the aggregate of the sales that are the amount of the debt to which the amount of the recovered bad debt relates;

(c)  C is the aggregate of the sales that are the amount of the debt to which the amount of the recovered debt relates, including the amount provided for in section 51.1 of the Act, the tax payable under Part IX of the Excise Tax Act (R.S.C. 1985, c. E-15) and the tax payable under Title I of the Act respecting the Québec sales tax (chapter T-0.1).

O.C. 1470-2002, s. 5.