| 19(1) | Your File No. 86/2450 |
| Our File No. 5-8496 | |
| M. Vallée | |
| (613) 957-2093 |
August 28, 1989
Dear Sirs:
Re: 24(1)
This is in reply to your letter of August 4, 1989, wherein you requested that we extend the time for the completion of the proposed transactions described in the Previous Ruling.
Provided that there have been no changes to the relevant facts and proposed transactions as they were described in the Previous Ruling, we confirm that the Previous Ruling will be binding on Revenue Canada, Taxation provided that the proposed transactions described therein are completed by December 31, 1989.
Yours truly,
for Director Reorganizations and Non-Resident Division Specialty Rulings Directorate Legislative and IntergovernmentalAffairs Branch