Government of Canada / Gouvernement du Canada
Symbol of the Government of Canada

Search

Income Tax Regulations

Version of section 5002 from 2004-08-31 to 2005-08-30:


 For the purpose of subparagraph 206(2.01)(b)(ii) of the Act,

  • (a) a prescribed trust is,

    • (i) a pooled fund trust,

    • (ii) a trust that would be a mutual fund trust if Part XLVIII were read without reference to paragraph 4801(b),

    • (iii) a resource property trust,

    • (iv) a master trust, as described in section 5001, or

    • (v) a trust if

      • (A) the trust would be a mutual fund trust if Part XLVIII were read without reference to section 4801, and

      • (B) there has been a lawful distribution in a province to the public of units of the trust and a prospectus, registration statement or similar document was not required under the laws of the province to be filed in respect of the distribution; and

  • (b) a prescribed partnership is a qualified limited partnership.

  • [NOTE: Application provisions are not included in the consolidated text
  • see relevant amending Acts and regulations.]
  • SOR/2000-62, s. 3
  • SOR/2001-216, s. 9

Date modified: