Mr. Chairman, a third amendment to this clause:
I MOVE that clause 4 of Bill 13 be amended by deleting proposed subsection 2.3(3) and by substituting the following:
Restriction on Credit(3) Notwithstanding subsections (1) and (2), for the purpose of section 118.81 of the federal act, as that section applies for the purposes of this act, where a person did not reside in the Territories on the last day of the taxation year, the tuition and education tax credits transferred for the taxation year by the person to an individual shall be equal to the specific percentage of the amount determined in respect of the person for the taxation year under that section.
Thank you.