Excise Tax Act
Marginal note:Rebate in respect of intangible personal property or services supplied in a participating province
261.3 (1) If a person that is resident in Canada is the recipient of a supply made in a participating province of intangible personal property or a service that is acquired by the person for consumption, use or supply in whole or in part outside the participating province and if prescribed conditions are satisfied, the Minister shall, subject to section 261.4, pay a rebate to the person equal to the amount determined in prescribed manner.
Marginal note:Exception for investment plans, etc.
(2) A rebate is not payable under subsection (1) to a listed financial institution described in subparagraph 149(1)(a)(vi) or (ix) in respect of a supply of a specified service within the meaning assigned by subsection 261.31(1).
- [NOTE: Application provisions are not included in the consolidated text
- see relevant amending Acts and regulations.]
- 1997, c. 10, s. 229
- 2009, c. 32, s. 33
- Date modified: