Excise Tax Act
Version of section 79.02 from 2007-04-01 to 2023-05-17:
Marginal note:Amounts owing of $2 or less in total
79.02 (1) If the Minister determines, at any time, that the total of all amounts owing by a person to Her Majesty in right of Canada under this Act does not exceed two dollars, those amounts are deemed to be nil.
Marginal note:Amounts payable of $2 or less in total
(2) If, at any time, the total of all amounts payable by the Minister to a person under this Act does not exceed two dollars, the Minister may apply those amounts against any amount owing, at that time, by the person to Her Majesty in right of Canada. However, if the person, at that time, does not owe any amount to Her Majesty in right of Canada, those amounts payable are deemed to be nil.
- [NOTE: Application provisions are not included in the consolidated text
- see relevant amending Acts and regulations.]
- 2003, c. 15, s. 100
- 2006, c. 4, s. 129
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