108 (1) In this Part,
- equity interest
equity interest means
(a) in the case of a corporation, a share in the corporation; and
(b) in the case of an entity other than a corporation, an interest that entitles the holder of that interest to receive profits of that entity or assets of that entity on its dissolution; (intérêt relatif à des capitaux propres)
- operating business
operating business means a business undertaking in Canada to which employees employed in connection with the undertaking ordinarily report for work; (entreprise en exploitation)
person means an entity, an individual, a trustee, an executor, an administrator or a liquidator of the succession, an administrator of the property of others or a representative, but does not include a bare trustee or a trustee responsible exclusively for preserving and transferring the property of a person; (personne)
prescribed means prescribed by regulations made under section 124; (réglementaire)
- voting share
voting share means any share that carries voting rights under all circumstances or by reason of an event that has occurred and is continuing. (actions comportant droit de vote)
Marginal note:Entities controlled by Her Majesty
(2) For the purposes of this Part, except section 113, one entity is not affiliated with another entity by reason only of the fact that both entities are controlled by Her Majesty in right of Canada or a province, as the case may be.
Marginal note:Computation of time
(3) In this Part, a time period is calculated in accordance with sections 26 to 30 of the Interpretation Act except that the following days are also considered to be a holiday as defined in subsection 35(1) of that Act:
(b) if Christmas Day falls on a Saturday or Sunday, the following Monday and Tuesday; and
(c) if another holiday falls on a Saturday or Sunday, the following Monday.
Marginal note:Submission after 5:00 p.m.
(4) For the purposes of this Part, anything submitted to the Commissioner after 5:00 p.m. (Eastern Time) is deemed to be received by the Commissioner on the next day that is not a holiday.
- R.S., 1985, c. 19 (2nd Supp.), s. 45
- 1999, c. 2, s. 25
- 2018, c. 8, s. 116
- 2022, c. 10, s. 270
- Date modified: