Government of Canada / Gouvernement du Canada
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Income Tax Regulations

Version of section 810 from 2004-08-31 to 2009-11-18:

  •  (1) For the purposes of paragraph 116(6)(e) of the Act, any property that is

    • (a) property of a non-resident insurer that is a qualified insurance corporation,

    • (b) an option in respect of property referred to in any of paragraphs 116(6)(a) to (d) of the Act and paragraph (a) whether or not such property is in existence, or

    • (c) an interest in property referred to in paragraph 116(6)(a), (c) or (d) of the Act or paragraph (a) or (b),

    is prescribed to be excluded property.

  • (2) For the purposes of this section, a non-resident insurer is a “qualified insurance corporation” throughout the period during which it

    • (a) was licenced or otherwise authorized under the laws of Canada or a province to carry on an insurance business in Canada; and

    • (b) carried on an insurance business, within the meaning of subsection 138(1) of the Act, in Canada.

  • [NOTE: Application provisions are not included in the consolidated text
  • see relevant amending Acts and regulations.]
  • SOR/94-686, s. 57(F)

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