Versions of s. 93(2.01)(b)(ii)(A)(II)

is a capital gain realized within 30 days before or after the disposition time by the vendor under an agreement that was entered into by the vendor within 30 days before or after the acquisition of the affiliate share by the vendor with a person or partnership that dealt, at all times during which the agreement was in force, at arm’s length with the particular corporation, provides for the purchase, sale or exchange of currency, and can reasonably be considered to have been entered into by the vendor for the principal purpose of hedging the foreign exchange exposure arising in connection with the acquisition of the affiliate share, or