Notifiable Transactions Regulations
Version of section 7 from 2006-03-22 to 2010-02-01:
7 Subject to section 13, for the purposes of sections 81*  and 82*  of the Act, gross revenues from sales of a person shall be determined for the annual period ended on the last day, which day is not more than 15 months prior to the reference date, of the period
(a) covered by the most recent audited financial statements in which those gross revenues are accounted for; and
(b) in the case where the period covered by the financial statements referred to in paragraph (a) is less than 12 months, covered by those financial statements and by audited financial statements in which the gross revenues are accounted for, covering the balance of the 12-month period.
*Nota: References to the Act: R.S., c. C-23 [R.S., 1985, c. C-34].
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