I.O.S. Income Tax Remission Order (C.R.C., c. 770)

3 Remission is hereby granted to I.O.S., any shareholder or unitholder of I.O.S. or to any other person, before payment thereof has been made and before liability therefor arises, of all taxes exigible under the Act that otherwise have or may become payable by I.O.S. or by that shareholder or unitholder or by that person, by reason only of

• (a) the appointment of a liquidator to manage I.O.S.; or

• (b) the exercise of control over I.O.S. or the taking of any other action in respect of I.O.S. by a liquidator.