Qualifying Environmental Trust definition

Qualifying Environmental Trust means a trust that meets the requirements of that term as it is defined in subsection 211.6(1) of the Tax Act and as it is or may hereafter be defined in any other Tax Legislation applicable to the Trust;
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Qualifying Environmental Trust or “QET” means a “qualifying environmental trust” as that term is defined in the Tax Act;
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Qualifying Environmental Trust. ’ at any time means a trust resident in a province and maintained at that time for the sole purpose
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Examples of Qualifying Environmental Trust in a sentence

  • Invest in any pooled or common investment fund, including a pooled or common investment fund maintained by the Trustee or any of its Affiliates, provided that such pooled or common investment fund is invested solely in Qualified Investments and an opinion of legal counsel is obtained by the Trustee that such method of investing in Qualified Investments is permitted for a Qualifying Environmental Trust.


More Definitions of Qualifying Environmental Trust

Qualifying Environmental Trust means a trust
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Qualifying Environmental Trust. ’ at any time means a trust resident in a province and maintained at that time for the sole purpose of funding the reclamation of a site in the province that had been used primarily for, or for any combination of, the operation of a mine, the extraction of clay, peat, sand,
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Qualifying Environmental Trust. ’ at any time means a trust resident in a province and maintained at that time for the sole purpose of funding the reclamation of a site in the province that had been used primarily for, or for any combination of, the operation of a mine, the extraction of clay, peat, sand, shale or aggregates (including dimension stone and gravel) or the deposit of waste, where the maintenance of the trust is or may become required under the terms of a con- tract entered into with Her Majesty in right of Canada or the province or is or may be- come required under a law of Canada or the province and the contract was entered into or that law was enacted, as the case may be, on or before the later of January 1, 1996 and the day that is one year after the day on which the trust was created, but does not in- clude a trust
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Qualifying Environmental Trust shall have the meaning ascribed thereto in section 211.6 of the Tax Act, or any successor provision thereto, as amended and/or restated from time to time.
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Qualifying Environmental Trust means a qualifying environmental trust as defined in subsection 248 (1) of the Income Tax Act (Canada) that is established in respect of the mining property of a diamond mine;
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Qualifying Environmental Trust means a qualifying environmental trust as defined in subsection 248
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Related to Qualifying Environmental Trust

  • Forced or indentured child labor means all work or service-

  • Initial Environmental Examination or “IEE” means the initial environmental examination for the Project, including any update thereto, prepared and submitted by the Recipient and cleared by ADB;

  • National Pollutant Discharge Elimination System (NPDES) means the national program for issuing, modifying, revoking and reissuing, terminating, monitoring, and enforcing permits and imposing and enforcing pretreatment requirements, under Sections 307, 318, 402, and 405 of CWA. The term includes an approved program.

  • Environmental Safeguards means the principles and requirements set forth in Chapter V, Appendix 1, and Appendix 4 (as applicable) of the SPS;

  • Hazardous Materials Claims means any and all enforcement, clean up, removal or other governmental or regulatory actions or orders threatened, instituted or completed pursuant to any Hazardous Material Laws, together with all claims made or threatened by any third party against any portion of the Premises, Landlord or Tenant relating to damage, contribution, cost recovery compensation, loss or injury resulting from any Hazardous Materials.