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

Marginal note:Exception — qualifying small investment plans

10 Section 9 does not apply in respect of a reporting period in a particular fiscal year of a financial institution that is a qualifying small investment plan for the particular fiscal year if

• (a) the financial institution was a qualifying small investment plan for the fiscal year of the financial institution that precedes the particular fiscal year and was not a selected listed financial institution throughout that preceding fiscal year;

• (b) the financial institution was a selected listed financial institution throughout the three fiscal years of the financial institution that precede the particular fiscal year; or

• (c) the particular fiscal year is the first fiscal year of the financial institution.