29. Subject to the second paragraph, the revocation of a qualification certificate or certificate in accordance with section 27 becomes effective on the date indicated in the notice of revocation. The effective date may precede the date of the notice but may not precede that date by more than four years. The qualification certificate or certificate is then deemed to cease to be valid from that date.
For the purposes of Division III of Chapter V, if the Minister revokes a certificate the Minister has issued in accordance with section 12 to a corporation or partnership for a taxation year or fiscal period, the certificate is deemed not to have been revoked for that taxation year or fiscal period.
1999, c. 86, s. 29; 2005, c. 38, s. 8.