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Excise Act, 2001

Version of section 6 from 2010-12-15 to 2024-03-06:


Marginal note:Arm’s length

  •  (1) For the purposes of this Act,

    • (a) related persons are deemed not to deal with each other at arm’s length; and

    • (b) it is a question of fact whether persons not related to each other were, at any particular time, dealing with each other at arm’s length.

  • Marginal note:Related persons

    (2) For the purposes of this Act, persons are related to each other if they are related persons within the meaning of subsections 251(2) to (6) of the Income Tax Act, except that

    • (a) a reference in those subsections to “corporation” shall be read as a reference to “corporation or partnership”; and

    • (b) a reference in those subsections to “shares” or “shareholders” shall, in respect of a partnership, be read as a reference to “rights” or “partners”, respectively.

  • Marginal note:Associated persons

    (3) For the purposes of this Act, a particular corporation is associated with another corporation if, by reason of subsections 256(1) to (6) of the Income Tax Act, the particular corporation is associated with the other corporation for the purposes of that Act.

  • Marginal note:Corporations controlled by same person or group

    (4) For the purposes of this Act, a person other than a corporation is associated with a particular corporation if the particular corporation is controlled by the person or by a group of persons of which the person is a member and each of whom is associated with each of the others.

  • Marginal note:Partnership or trust

    (5) For the purposes of this Act, a person is associated with

    • (a) a partnership if the total of the shares of the profits of the partnership to which the person and all other persons who are associated with the person are entitled is more than half of the total profits of the partnership, or would be more than half of the total profits of the partnership if it had profits; and

    • (b) a trust if the total of the values of the interests in the trust of the person and all other persons who are associated with the person is more than half of the total value of all interests in the trust.

  • Marginal note:Association with third person

    (6) For the purposes of this Act, a person is associated with another person if each of them is associated with the same third person.

  • 2002, c. 22, s. 6
  • 2010, c. 25, s. 108

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