McLellan v. M.N.R., 90 DTC 1405, [1990] 2 CTC 2191 (TCC) -- summary under Subsection 1100(2.1)

By services, 28 November, 2015

Although agreements did not obligate a partnership to acquire any specific property from a particular vendor but only property of a type or class meeting certain qualities as to building standards, and therefore did not come within s. 1100(2.1)(a), they did meet the requirements of s. 1100(2.1)(d):

"'Obligated to acquire' implies that the taxpayer must be bound by contract; whereas 'arrangements for the acquisition' implies that the taxpayer need not be bound by contract." (p. 1407)

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