New Harmonized Value-added Tax System Regulations, No. 2

47.1 Subsection 259.1(2) of the Act is modified to adapt that subsection to the new harmonized value-added tax system as follows:

• (2) The Minister shall, subject to subsection (3), pay a rebate to a person that is, on the last day of a claim period of the person or of the person’s fiscal year that includes that claim period, a specified person equal to the amount of tax under section 165, 212, 212.1, 220.05, 220.06 or 220.07 that became payable in the claim period by the person in respect of the acquisition, importation or bringing into a participating province of specified property if

  • (a) in the case of a specified person described in paragraph (f) of the definition specified person in subsection (1), the person does not acquire, import or bring in the specified property for any of the following purposes:

    • (i) the purpose of making a supply by way of sale of the specified property for consideration, and

    • (ii) the purpose of transferring ownership of the specified property to another person in the course of supplying another property or a service for consideration; and

  • (b) in any other case, the person does not acquire, import or bring in the specified property for any of the following purposes:

    • (i) the purpose of making a supply by way of sale of the specified property, and

    • (ii) the purpose of transferring ownership of the specified property to another person in the course of supplying another property or a service.