Selected Listed Financial Institutions Attribution Method (GST/HST) Regulations

Marginal note:Agreement with the Minister — weighted average

13 If a particular selected listed financial institution is a corporation other than a financial institution described in any of sections 9 to 11 and one or more parts of its business for a particular period consist of operations normally conducted by any of the types of financial institutions referred to in those sections, the particular financial institution and the Minister may agree that the particular financial institution’s percentage for a participating province for the particular period is the weighted average of the percentages determined

• (a) by applying to each such part of the business whichever of those sections refers to the type of financial institution that normally conducts the operations comprising that part of the business; and

• (b) by applying section 8 to the remainder of the business that does not consist of operations normally conducted by any of the types of financial institutions referred to in those sections.