Income Tax Act
Marginal note:Re-appropriation of amounts
221.2 Where a particular amount was appropriated to an amount (in this section referred to as the “debt”) that is or may become payable by a person under any enactment referred to in paragraphs 223(1)(a) to 223(1)(d), the Minister may, on application by the person, appropriate the particular amount, or a part thereof, to another amount that is or may become payable under any such enactment and, for the purposes of any such enactment,
(a) the later appropriation shall be deemed to have been made at the time of the earlier appropriation;
(b) the earlier appropriation shall be deemed not to have been made to the extent of the later appropriation; and
(c) the particular amount shall be deemed not to have been paid on account of the debt to the extent of the later appropriation.
- NOTE: Application provisions are not included in the consolidated text;
- see relevant amending Acts. 1994, c. 7, Sch. VIII, s. 128.
- Date modified: