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(3)Despite subsection 237(1) of the Act, if a particular reporting period of a selected listed financial institution (other than an investment plan, as defined in subsection 1(1) of the Selected Listed Financial Institutions Attribution Method (GST/HST) Regulations) ends in a particular fiscal year ending in a taxation year of the financial institution and the particular fiscal year begins before July 1, 2010 and ends on or after that day, the instalment to be paid under that subsection within one month after the end of each fiscal quarter ending on or after that day in the particular reporting period is the amount determined under whichever of the following paragraphs the financial institution has elected in prescribed form to determine the instalments for those fiscal quarters under:
(a)the lesser of
(i)1/4 of the amount determined under paragraph 237(2)(a) of the Act, and
(ii)the amount determined by the formula
(b)the amount determined by the formula
(c)the lesser of
(i)1/4 of the amount determined under paragraph 237(2)(a) of the Act, and
(ii)the amount determined by the formula
(d)the amount determined by the formula
Federal laws of Canada reproduced under the Reproduction of Federal Law Order (SI/97-5); not the official version. Source: Justice Laws Website.