Trust Investments. In accordance with subparagraph 108(2)(b)(ii) and paragraph 132(6)(b) of the Income Tax Act, the only undertaking of the Trust shall be as contemplated by the aforesaid provisions of the Income Tax Act. The Trust shall invest primarily in immovable property.
Appears in 3 contracts
Samples: Contract of Trust, Contract of Trust, content.cominar.com
Trust Investments. β In accordance with subparagraph 108(2)(b)(ii) and paragraph 132(6)(b) of the Income Tax Act, the only undertaking of the Trust shall be as contemplated by the aforesaid provisions of the Income Tax Act. The Trust shall invest primarily in immovable property.
Appears in 1 contract
Samples: Contract of Trust
