Income Tax Regulations
7900. For the purposes of section 33.1, paragraph 95(2)(a.3), clause 212(1)(b)(iii)(D) and subparagraph 212(1)(b)(xi) of the Act, “prescribed financial institution” means
(a) a corporation that is a member of the Canadian Payments Association; or
(b) a credit union that is a shareholder or member of a body corporate or organization that is a central for the purposes of the Canadian Payments Association Act.
- NOTE: Application provisions are not included in the consolidated text;
- see relevant amending regulations. SOR/90-285, s. 2;
- SOR/94-686, s. 79(F);
- SOR/97-505, s. 10.
- Date modified: