Versions of s. 95(1), definition “excluded property”, para (c.1)(ii)(B)(III)

I-3.3 — Income Tax Act · 2 versions · View current text

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

2018-12-13 to present available View Source

an amount of indebtedness, to the extent that the proceeds derived from the issuance or incurring of the indebtedness can reasonably be considered to have been used to repay the outstanding balance of an amount that, immediately before the time of that repayment, is described by subclause (I), an amount of indebtedness of the affiliate that, immediately before the time of that repayment, is described by subclause (II), or an amount of indebtedness of the affiliate that, immediately before the time of that repayment, is described by this subclause,

Full text

an amount of indebtedness, to the extent that the proceeds derived from the issuance or incurring of the indebtedness can reasonably be considered to have been used to repay the outstanding balance of an amount that, immediately before the time of that repayment, is described by subclause (I), an amount of indebtedness of the affiliate that, immediately before the time of that repayment, is described by subclause (II), or an amount of indebtedness of the affiliate that, immediately before the time of that repayment, is described by this subclause,
2007-12-14 to 2018-12-13 View Source

an amount of indebtedness, to the extent that the proceeds derived from the issuance or incurring of the indebtedness can reasonably be considered to have been used to repay the outstanding balance of an amount that, immediately before the time of that repayment, is described by subclause (I), an amount of indebtedness of the affiliate that, immediately before the time of that repayment, is described by subclause (II), or an amount of indebtedness of the affiliate that, immediately before the time of that repayment, is described by this subclause,