Income Tax Act

Marginal note:Re-appropriation of amounts

• 221.2 (1) Where a particular amount was appropriated to an amount (in this section referred to as the “debt”) that is or may become payable by a person under any enactment referred to in paragraphs 223(1)(a) to 223(1)(d), the Minister may, on application by the person, appropriate the particular amount, or a part thereof, to another amount that is or may become payable under any such enactment and, for the purposes of any such enactment,

  • (a) the later appropriation shall be deemed to have been made at the time of the earlier appropriation;

  • (b) the earlier appropriation shall be deemed not to have been made to the extent of the later appropriation; and

  • (c) the particular amount shall be deemed not to have been paid on account of the debt to the extent of the later appropriation.

• Marginal note:Re-appropriation of amounts

  (2) If a particular amount was appropriated to an amount (in this section referred to as the “debt”) that is or may become payable by a person under this Act, the Excise Tax Act, the Air Travellers Security Charge Act, the Excise Act, 2001, the Underused Housing Tax Act, the Select Luxury Items Tax Act, the Digital Services Tax Act or the Global Minimum Tax Act, the Minister may, on application by the person, appropriate the particular amount, or a part of it, to another amount that is or may become payable under any of those Acts and, for the purposes of any of those Acts,

  • (a) the later appropriation is deemed to have been made at the time of the earlier appropriation;

  • (b) the earlier appropriation is deemed not to have been made to the extent of the later appropriation; and

  • (c) the particular amount is deemed not to have been paid on account of the debt to the extent of the later appropriation.