Rainy River First Nations Settlement Agreement Remission Order (SI/2007-31)

Marginal note:Additional land

2 Remission is hereby granted to Rainy River of

• (a) the tax paid or payable under Part IX of the Act by Rainy River or its agent in respect of

  • (i) the supply to Rainy River or its agent of additional land so long as the cumulative total of additional land supplied to Rainy River does not exceed the quantity of additional land that Rainy River is entitled to request to be set apart as reserve in accordance with section 4.01 of the settlement agreement,

  • (ii) the supply by way of sale to Rainy River or its agent of tangible personal property that is collateral to a supply of additional land referred to in subparagraph (i),

  • (iii) the supply to or cancellation in favour of Rainy River or its agent of a third party interest in additional land referred to in subparagraph (i) if the third party interest is one that is discharged, released, extinguished, cancelled or acquired in accordance with paragraph 4.40(a) of the settlement agreement, and

  • (iv) any costs incurred by Rainy River or its agent in the context of a transaction described in any of subparagraphs (i) to (iii); and

• (b) any interest and penalties paid or payable by Rainy River or its agent under Part IX of the Act in respect of any transaction described in any of subparagraphs (a)(i) to (iii) or a cost referred to in subparagraph (a)(iv).