Income Tax Regulations — 1100
15,000 and the capital cost thereof in the case of property described in clause (i)(E), and (v) the undepreciated capital cost to him as of the end of the taxation year (before making any deduction under this paragraph for the taxation year) of property of the class; Classes 24, 27, 29 and 34 (t) for the taxation year that includes November 12, 1981, such amount as he may claim in respect of property of each of Classes 24, 27, 29 and 34 in Schedule II not exceeding the aggregate of (i) 50 per cent of the lesser of (A) the capital cost to him of all designated property of the class acquired by him in the year, and (B) the undepreciated capital cost to him of property of the class as of the end of the year (computed as if no amount were included in respect of property, other than designated property of the class, acquired after November 12, 1981 and before making any deduction under this paragraph for the year), (ii) the amount, if any, by which the amount determined under clause (i)(B) in respect of the class exceeds the amount determined under clause (i)(A) in respect of the class, and (iii) the lesser of (A) 25 per cent of the capital cost to him of all property, other than designated property, of the class acquired by him in the year, and (B) the undepreciated capital cost to him of property of the class as of the end of the year (before making any deduction under this paragraph for the year); (ta) for taxation years commencing after November 12, 1981, such amount as he may claim in respect of property of each of Classes 24, 27, 29 and 34 in Schedule II not exceeding the aggregate of (i) the aggregate of (A) the lesser of (I) 50 per cent of the capital cost to him of all designated property of the class acquired by him in the year, and (II) the undepreciated capital cost to him of property of the class as of the end of the year (before making any deduction under this paragraph for the year and, where any of the property referred to in subclause (I) was acquired by virtue of a specified transaction, computed as if no amount were included in respect of property, other than designated property of the class acquired by him in the year), and (B) 25 per cent of the lesser of (I) the undepreciated capital cost to him of property of the class as of the end of the year (computed as if no amount were included in respect of designated property of the class acquired by him in the year and before making any deduction under this paragraph for the year), and (II) the capital cost to him of all property, other than designated property, of the class acquired by him in the year, and (ii) the lesser of (A) the amount, if any, by which (I) the undepreciated capital cost to him of property of the class as of the end of the year (before making any deduction under this paragraph for the year) exceeds (II) the capital cost to him of all property of the class acquired by him in the year, and (B) an amount equal to the aggregate of (I) 50 per cent of the capital cost to him of all property of the class acquired by him in the immediately preceding taxation year, other than designated property of the class acquired in a specified transaction, and (II) the amount, if any, by which the amount determined under clause (A) for the year with respect to the class exceeds the aggregate of 75 per cent of the capital cost to him of all property, other than designated property, of the class acquired by him in the immediately preceding taxation year and 50 per cent of the capital cost to him of designated property of the class acquired by him in the immediately preceding taxation year, other than designated property of the class acquired in a specified transaction, and for the purposes of this paragraph and paragraph (t), designated property of a class means (iii) property 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