Notifiable Transactions Regulations

11 For the purposes of subsections 110(2) to (4), (5) and (6) of the Act, the gross revenues from sales in or from Canada generated from the assets in Canada

• (a) of an operating business referred to in subsection 110(2) of the Act,

• (b) that are owned by any corporation referred to in paragraph 110(3)(a) of the Act,

• (c) that would be owned by any corporation referred to in paragraph 110(4)(a) of the Act, or

• (d) that are the subject-matter of a combination referred to in subsection 110(5) or (6) of the Act

shall equal the aggregate amount of the gross revenues from sales in or from Canada generated from such assets, as stated in the audited financial statements referred to in section 7.