Versions of s. 259(15)

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.

2017-12-14 to present available View Source

Despite subsections (3), (4) and (4.1), for the purpose of applying subsection (4.1) to determine a rebate payable under subsection (3) or (4) to a person that is a hospital authority, a facility operator or an external supplier, for a claim period of the person, if the person is required to determine under paragraph (4.1)(b) a particular amount, in respect of a specified supply of property of the person made at any time, that would, if subsection (4) applied to the person, be determined by the formula in paragraph (4)(a) for the claim period and the value of C in that paragraph is the extent to which the person intended, at that time, to consume, use or supply the property in the course of specified activities, the particular amount shall be determined by the formula A × B where A is the amount that would, in the absence of this subsection, be determined to be the particular amount; and B is the amount determined by the formula(B 1 - B 2) / B 1 where B 1 is the fair market value of the property at the time of the supply, and B 2 is the fair market value of the property on January 1, 2005.

Full text

Despite subsections (3), (4) and (4.1), for the purpose of applying subsection (4.1) to determine a rebate payable under subsection (3) or (4) to a person that is a hospital authority, a facility operator or an external supplier, for a claim period of the person, if the person is required to determine under paragraph (4.1)(b) a particular amount, in respect of a specified supply of property of the person made at any time, that would, if subsection (4) applied to the person, be determined by the formula in paragraph (4)(a) for the claim period and the value of C in that paragraph is the extent to which the person intended, at that time, to consume, use or supply the property in the course of specified activities, the particular amount shall be determined by the formula A × B where A is the amount that would, in the absence of this subsection, be determined to be the particular amount; and B is the amount determined by the formula(B 1 - B 2) / B 1 where B 1 is the fair market value of the property at the time of the supply, and B 2 is the fair market value of the property on January 1, 2005.
2007-06-22 to 2017-12-14 View Source

Despite subsections (3), (4) and (4.1), for the purpose of applying subsection (4.1) to determine a rebate payable under subsection (3) or (4) to a person that is a hospital authority, a facility operator or an external supplier, for a claim period of the person, if the person is required to determine under paragraph (4.1)(b) a particular amount, in respect of a specified supply of property of the person made at any time, that would, if subsection (4) applied to the person, be determined by the formula in paragraph (4)(a) for the claim period and the value of C in that paragraph is the extent to which the person intended, at that time, to consume, use or supply the property in the course of specified activities, the particular amount shall be determined by the formula A x× B where A is the amount that would, in the absence of this subsection, be determined to be the particular amount; and B is the amount determined by the formula(B 1 - B 2) / B 1 where B 1 is the fair market value of the property at the time of the supply, and B 2 is the fair market value of the property on January 1, 2005.

Full text

Despite subsections (3), (4) and (4.1), for the purpose of applying subsection (4.1) to determine a rebate payable under subsection (3) or (4) to a person that is a hospital authority, a facility operator or an external supplier, for a claim period of the person, if the person is required to determine under paragraph (4.1)(b) a particular amount, in respect of a specified supply of property of the person made at any time, that would, if subsection (4) applied to the person, be determined by the formula in paragraph (4)(a) for the claim period and the value of C in that paragraph is the extent to which the person intended, at that time, to consume, use or supply the property in the course of specified activities, the particular amount shall be determined by the formula A × B where A is the amount that would, in the absence of this subsection, be determined to be the particular amount; and B is the amount determined by the formula(B 1 - B 2) / B 1 where B 1 is the fair market value of the property at the time of the supply, and B 2 is the fair market value of the property on January 1, 2005.
2005-06-29 to 2007-06-22 View Source

Despite subsections (3), (4) and (4.1), for the purpose of applying subsection (4.1) to determine a rebate payable under subsection (3) or (4) to a person that is a hospital authority, a facility operator or an external supplier, for a claim period of the person, if the person is required to determine under paragraph (4.1)(b) a particular amount, in respect of a specified supply of property of the person made at any time, that would, if subsection (4) applied to the person, be determined by the formula in paragraph (4)(a) for the claim period and the value of C in that paragraph is the extent to which the person intended, at that time, to consume, use or supply the property in the course of specified activities, the particular amount shall be determined by the formula A x B where A is the amount that would, in the absence of this subsection, be determined to be the particular amount; and B is the amount determined by the formula(B 1 - B 2) / B 1 where B 1 is the fair market value of the property at the time of the supply, and B 2 is the fair market value of the property on January 1, 2005.