Marginal note:Definition of electronic payment
163 (1) In this section, electronic payment means any payment to the Receiver General that is made through electronic services offered by a person described in any of paragraphs (2)(a) to (e) or by any electronic means specified by the Minister.
Marginal note:Electronic payment
(2) Every person that is required under this Act to pay any duty, interest or other amount to the Receiver General shall, if the amount is $10,000 or more, make the payment by way of electronic payment, unless the person cannot reasonably pay the amount in that manner, to the account of the Receiver General at or through
(a) a bank;
(b) an authorized foreign bank, as defined in section 2 of the Bank Act, that is not subject to the restrictions and requirements referred to in subsection 524(2) of that Act;
(c) a credit union;
(d) a corporation that is authorized under the laws of Canada or a province to carry on the business of offering its services as a trustee to the public; or
(e) a corporation that is authorized under the laws of Canada or a province to accept deposits from the public and that carries on the business of lending money on the security of real property or immovables or investing in mortgages on real property or hypothecs on immovables.
- 2002, c. 22, s. 163
- 2023, c. 26, s. 89
- Date modified: