Versions of s. 217, definition “loading”, para (c)

E-15 — Excise Tax Act · 3 versions · View current text

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

2017-12-15 to present available View Source

if the financial service includes the issuance, renewal, variation or transfer of ownership of an insurance policy and a qualifying instrument (other than an insurance policy), the amount determined by the formula A + B where A is the total of the estimate of the net premium of the insurance policy, and if the insurance policy is a policy of reinsurance, the margin for risk transfer of the insurance policy, and B is the estimate of the default risk premium that is directly associated with the qualifying instrument. (chargement)

Full text

if the financial service includes the issuance, renewal, variation or transfer of ownership of an insurance policy and a qualifying instrument (other than an insurance policy), the amount determined by the formula A + B where A is the total of the estimate of the net premium of the insurance policy, and if the insurance policy is a policy of reinsurance, the margin for risk transfer of the insurance policy, and B is the estimate of the default risk premium that is directly associated with the qualifying instrument. (chargement)
2016-06-22 to 2017-12-15 View Source

if the financial service includes the issuance, renewal, variation or transfer of ownership of an insurance policy and a qualifying instrument (other than an insurance policy), the amount determined by the formula A + B where A is the total of the estimate of the net premium of the insurance policy, and if the insurance policy is a policy of reinsurance, the margin for risk transfer of the insurance policy, and B is the estimate of the default risk premium that is directly associated with the qualifying instrument. (chargement)

Full text

if the financial service includes the issuance, renewal, variation or transfer of ownership of an insurance policy and a qualifying instrument (other than an insurance policy), the amount determined by the formula A + B where A is the total of the estimate of the net premium of the insurance policy, and if the insurance policy is a policy of reinsurance, the margin for risk transfer of the insurance policy, and B is the estimate of the default risk premium that is directly associated with the qualifying instrument. (chargement)
2010-07-12 to 2016-06-22 View Source

if the financial service includes the issuance, renewal, variation or transfer of ownership of an insurance policy and a qualifying instrument (other than an insurance policy), the amount determined by the formula A + B where A is the estimate of the net premium of the insurance policy, and B is the estimate of the default risk premium that is directly associated with the qualifying instrument.