Income Tax Regulations (C.R.C., c. 945)

Regulations are current to 2014-09-01 and last amended on 2014-06-19. Previous Versions

 For the purposes of this Part,

“designated country”

“designated country” has the same meaning as in the Guidelines for banks established pursuant to section 175 of the Bank Act, as that section read on May 31, 1992, and issued by the Office of the Superintendent of Financial Institutions, as amended from time to time; (pays désigné)

“exposure to a designated country”

“exposure to a designated country” has the same meaning as in the Guidelines for banks established pursuant to section 175 of the Bank Act, as that section read on May 31, 1992, and issued by the Office of the Superintendent of Financial Institutions, as amended from time to time; (risque que représente un pays désigné)

“general provisions”

“general provisions” has the same meaning as the expression “general country risk provisions” in the Guidelines for banks established pursuant to section 175 of the Bank Act, as that section read on May 31, 1992, and issued by the Office of the Superintendent of Financial Institutions, as amended from time to time; (provisions générales)

“provisionable assets”

“provisionable assets” has the same meaning as in the Guidelines for banks established pursuant to section 175 of the Bank Act, as that section read on May 31, 1992, and issued by the Office of the Superintendent of Financial Institutions, as amended from time to time; (actifs ouvrant droit à provision)

“relevant authority”

“relevant authority” means the Superintendent of Financial Institutions; (autorité compétente)

“specific provisions”

“specific provisions” has the same meaning as in the Guidelines for banks established pursuant to section 175 of the Bank Act, as that section read on May 31, 1992, and issued by the Office of the Superintendent of Financial Institutions, as amended from time to time. (provisions spécifiques)

“specified loan”

“specified loan” means

  • (a) a United Mexican States Collateralized Par Bond due in 2019, or

  • (b) a United Mexican States Collateralized Discount Bond due in 2019; (prêt désigné)

  • NOTE: Application provisions are not included in the consolidated text;
  • see relevant amending regulations. SOR/92-681, s. 3;
  • SOR/99-91, s. 6.