Marginal note:Information returns — receivers
117.1 (1) The following persons shall file with the Minister or the Administrator, in accordance with the regulations, information returns in respect of the oil in question:
(a) every person who is referred to in Article 10 of the Fund Convention; and
(b) every person who is a receiver and receives non-persistent oil in a calendar year in a quantity that is greater than that prescribed by regulations made under paragraph (4)(b).
Marginal note:Definition of person
(2) In subsection (1), person includes two or more persons who are associated persons.
Marginal note:Definition of associated persons
(3) In subsection (2), associated persons means
(a) persons who are deemed to be associated persons under section 60, in the case of persons who are referred to in Article 10 of the Fund Convention; and
(b) persons who are deemed to be associated persons under section 74.3, in the case of persons who are receivers.
Marginal note:Regulations
(4) The Governor in Council may make regulations
(a) respecting, for the purposes of subsection (1), information returns; and
(b) respecting, for the purposes of paragraph (1)(b), a quantity of non-persistent oil.
- 2018, c. 27, s. 734
- Date modified: