C-38 An Act to implement certain provisions of the budget tabled in Parliament on March 29, 2012 and other measures
C-38 An Act to implement certain provisions of the budget tabled in Parliament on March 29, 2012 and other measures
That Bill C-38, in Clause 7, be amended by replacing lines 1 to 5 on page 7 with the following:
““political activity” means the making of a gift by a donor to a qualified donee for the purpose of allowing the donor to maintain a level of funding of political activities that is less than 10% of its income for a taxation year by delegating the carrying out of political activities to the qualified donee;”