Point in Time - Income Tax Act

"Point in Time" Regulation Content

Income Tax Act

Political Contributions Regulations

B.C. Reg. 343/95

SECTION	EFFECTIVE DATE
NOTE: Links below go to regulation content as it was prior to the changes made on the effective date. (PIT covers changes made from September 19, 2009 to "current to" date of the regulation.)
Section 1	September 20, 2020
Section 2	September 20, 2020
Section 3	September 20, 2020
Section 4	September 20, 2020
Section 5	September 20, 2020

Section 1 definition of "receipt" BEFORE amended by BC Reg 262/2020, effective September 20, 2020.

"receipt" means a receipt issued under section 20 of the Income Tax Act by a financial agent for a registered political party, registered constituency association or candidate.

Section 2 (2) (e) BEFORE amended by BC Reg 262/2020, effective September 20, 2020.

(e) the name and address of the person making the political contribution including, in the case of an individual, the given names of the individual;

Section 3 (1) (part) BEFORE amended by BC Reg 262/2020, effective September 20, 2020.

(1) A receipt is not valid for the purposes of section 20 of the Income Tax Act

Section 4 (1) (a) BEFORE amended by BC Reg 262/2020, effective September 20, 2020.

(a) the original must be provided to the taxpayer for attachment to the taxpayer's tax return;

Section 5 BEFORE amended by BC Reg 262/2020, effective September 20, 2020.

5 A receipt for an eligible political contribution by the spouse of a taxpayer may be used by the taxpayer as an eligible political contribution of the taxpayer.