I-3 - Taxation Act

Full text
7.3. For the purposes of sections 7.1 and 7.2, the expression release or surrender means
(a)  a release or surrender made under the laws of a province other than Québec, that does not direct in any manner who is entitled to benefit therefrom and that is made within the period ending 36 months after the death of the taxpayer or, where written application therefor has been made to the Minister by the taxpayer’s legal representative within that period, within such longer period as the Minister considers reasonable in the circumstances;
(b)  a gift inter vivos made under the laws of Québec of a right in, or a property of, a succession that is made within the period referred to in paragraph a to the person or persons who would have benefited if the donor had made a renunciation of the succession that was not made in favour of any person.
1986, c. 19, s. 3; 2020, c. 16, s. 28.
7.3. For the purposes of sections 7.1 and 7.2, the expression release or surrender means
(a)  a release or surrender made under the laws of a province other than Québec, that does not direct in any manner who is entitled to benefit therefrom and that is made within the period ending 36 months after the death of the taxpayer or, where written application therefor has been made to the Minister by the taxpayer’s legal representative within that period, within such longer period as the Minister considers reasonable in the circumstances;
(b)  a gift inter vivos made under the laws of Québec of an interest in, or right to property of, a succession that is made within the period referred to in paragraph a to the person or persons who would have benefited if the donor had made a renunciation of the succession that was not made in favour of any person.
1986, c. 19, s. 3.