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Versions of s. 248(3)(a)

I-3.3 — Income 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.

  1. 2018-06-21 to present available View Source
    if at any time property is subject to a usufruct, right of use or habitation, or substitution,
    Full text

    if at any time property is subject to a usufruct, right of use or habitation, or substitution,

  2. 2009-03-12 to 2018-06-21 View Source
    aif usufructat shallany be deemed to be a trust, created by will where the usufruct was so established, andtime property is subject to a usufructusufruct, shall be deemed to have been transferred to the trust, on the deathright of theuse testatoror andhabitation, asor a consequence thereof where the usufruct arises on death, and to be held in trust and not otherwise;substitution,
    Full text

    if at any time property is subject to a usufruct, right of use or habitation, or substitution,

  3. 2004-08-31 to 2009-03-12 View Source

    a usufruct shall be deemed to be a trust, created by will where the usufruct was so established, and property subject to a usufruct shall be deemed to have been transferred to the trust, on the death of the testator and as a consequence thereof where the usufruct arises on death, and to be held in trust and not otherwise;