D-13.2 - Succession Duty Act

Section 74 Disposition versions

1980-06-18

74. This act applies to every succession opened after 18 April 1978, except that the disposal permit contemplated in section 55 may validly be substituted for the certificate contemplated in section 44 of the Succession Duties Act for successions opened before 19 April 1978.

Notwithstanding the first paragraph, section 6 does not apply to the beneficiary of a trust or of a substitution created before 19 April 1978 to whom property is transmitted after 18 April 1978.

1978, c. 37, s. 74; 1980, c. 7, s. 11.

1978-12-22

74. This act applies to every succession opened after 18 April 1978, except that the disposal permit contemplated in section 55 may validly be substituted for the certificate contemplated in section 44 of the Succession Duties Act for successions opened before 19 April 1978.

Notwithstanding the first paragraph, where property is the subject of a testamentary trust established owing to or upon a death that occurred before 19 April 1978, the first beneficiary to whom property from the trust is transmitted after 18 April 1978 is exempt from duties on that property.

1978, c. 37, s. 74.