Income Tax Act (R.S.C., 1985, c. 1 (5th Supp.))

Marginal note:Application to other taxes

203 Instead of making a refund to which a trust is entitled under subsection 198(4) or 198(5) or 199(2), the Minister may, where the trust is liable or about to become liable to make another payment under this Act, apply the amount of the refund or any part thereof to that other liability and notify a trustee of the trust of that action.