Income Tax Regulations — 1100
perty of the class acquired by him before November 13, 1981, (iv) property deemed to be designated property of the class by virtue of paragraph (2.1)(g) or (2.2)(j), and (v) property described in any of subparagraphs (b)(iii) to (v) of the description of F in subsection (2), and, for the purposes of this paragraph, (vi) specified transaction means a transaction to which subsection 85(5), 87(1), 88(1), 97(4) or 98(3) or (5) of the Act applies, and (vii) subject to paragraph (2.2)(j), a property shall be deemed to have been acquired by a taxpayer at the time at which the property became available for use by the taxpayer; (u) [Repealed, SOR/78-377, s. 3] Canadian Vessels (v) such amount as the taxpayer may claim in respect of property that is (i) a vessel described in subsection 1101(2a), (ii) included in a separate prescribed class because of subsection 13(14) of the Act, or (iii) a property that has been constituted a prescribed class by subsection 24(2) of Chapter 91 of the Statutes of Canada, 1966-67, not exceeding the lesser of (iv) the capital cost of the property to the taxpayer multiplied by (A) 50 per cent, in the case of an accelerated investment incentive property acquired in the year and before 2024 or a reaccelerated investment incentive property acquired in the year and before 2030, (B) 16 2/3 per cent, in the case of property acquired in the year, other than (I) accelerated investment incentive property or reaccelerated investment incentive property, and (II) property described in any of subparagraphs (b)(iii) to (v) of the description of F in subsection (2), and (C) 33 1/3 per cent, in any other case, and (v) the undepreciated capital cost to the taxpayer as of the end of the taxation year (before making any deduction under this paragraph for the taxation year) of property of the class, and, for the purposes of subparagraph (iv), a property shall be deemed to have been acquired by a taxpayer at the time at which the property became available for use by the taxpayer for the purposes of the Act; Additional Allowances — Offshore Drilling Vessels (va) such additional amount as he may claim in respect of property for which a separate class is prescribed by subsection 1101(2b) not exceeding 15 per cent of the undepreciated capital cost to him of property of that class as of the end of the taxation year (before making any deduction under this subsection for the taxation year); Additional Allowances — Class 28 (w) subject to section 1100A, such additional amount as he may claim in respect of property described in Class 28 acquired for the purpose of gaining or producing income from a mine or in respect of property acquired for the purpose of gaining or producing income from a mine and for which a separate class is prescribed by subsection 1101 (4a), not exceeding the lesser of (i) the taxpayer’s income for the taxation year from the mine, before making any deduction under this paragraph, paragraph (x), (y), (y.1), (y.2), (ya), (ya.1) or (ya.2), section 65, 66, 66.1, 66.2 or 66.7 of the Act or section 29 of the Income Tax Application Rules , and (ii) the undepreciated capital cost to the taxpayer of property of that class as of the end of the taxation year (computed without reference to subsection (2) and before making any deduction under this paragraph for the taxation year); (x) subject to section 1100A, such additional amount as he may claim in respect of property acquired for the purpose of gaining or producing income from more than one mine and for which a separate class is prescribed by subsection 1101(4b), not exceeding the lesser of (i) the taxpayer’s income for the taxation year from the mines, before making any deduction under this paragraph, paragraph (ya), (ya.1) or (ya.2), section 65, 66, 66.1, 66.2 or 66.7 of the Act or section 29 of the Income Tax Application Rules , and (ii) the undepreciated capital cost to him of property of that class as of the end of the taxation year (before making any deduction under