Interpretation Notes

Note 1 - Defunct Business

Helps to interpret the term "business" as defined in section 3 of the Act.

Note 2 - Part of a Business Capable of Being Carried on as a Separate Business

Helps to interpret the term "Canadian Business" as it is used in subsection 31(2) of the Act.

Note 3 - All or substantially all of the Assets

Helps to interpret paragraph 28(1)(c) of the Act as to what constitutes "substantially all" of the assets used in carrying on a Canadian business.

Note 4 - Business

Helps to interpret the term "business" as defined in section 3 of the Act.