Income Tax Act — I-3.3 127.491
ie alimenté au gaz naturel admissible ) qualified natural gas energy system means a system that is described in paragraph (a) of the definition qualified natural gas energy equipment . ( système énergétique alimenté au gaz naturel admissible ) qualified validation firm , in respect of a specified natural gas energy system of a taxpayer, means an engineer or engineering firm that (a) is registered and in good standing with a professional association that has the authority or recognition by law of a jurisdiction in Canada to regulate the profession of engineering in (i) the jurisdiction where the system is located, or (ii) if there is no professional association in the jurisdiction described in subparagraph (i), a jurisdiction in Canada where a professional association regulates the profession of engineering; (b) has appropriate insurance coverage; (c) at all times, is independent of, deals at arm’s length with and is not an employee of the taxpayer; and (d) meets the requirements described in guidelines published by the Minister of Natural Resources. ( firme admissible de validation ) qualified verification firm , in respect of a specified natural gas energy system of a taxpayer, means an individual or firm that (a) is either (i) an engineer or an engineering firm that is registered and in good standing with a professional association that has the authority or recognition by law of a jurisdiction in Canada to regulate the profession of engineering in (A) the jurisdiction where the system is located, or (B) if there is no professional association in the jurisdiction described in clause (A), a jurisdiction in Canada where a professional association regulates the profession of engineering, or (ii) a verification body accredited and in good standing under the Clean Fuel Regulations ; (b) has appropriate insurance coverage; (c) at all times, is independent of, deals at arm’s length with and is not an employee of (i) the taxpayer, or (ii) the qualified validation firm in respect of the system; (d) meets the requirements described in guidelines published by the Minister of Natural Resources; and (e) has expertise in auditing natural gas systems to demonstrate compliance with the Regulations Limiting Carbon Dioxide Emissions from Natural Gas-fired Generation of Electricity . ( firme admissible de vérification ) qualifying corporation means (a) a taxable Canadian corporation; (b) a designated provincial Crown corporation; (c) a corporation described in paragraph 149(1)(d.5) not less than 90% of the shares or the capital of which are owned by one or more entities each of which is (i) a municipality in Canada, or (ii) an aboriginal government (as defined in subsection 241(10)) — or a similar Indigenous governing body — described in paragraph 149(1)(c); (d) a corporation described in paragraph 149(1)(d.6) all of the shares (except directors’ qualifying shares) or the capital of which are owned by one or more of (i) a municipality in Canada, (ii) an aboriginal government (as defined in subsection 241(10)) — or a similar Indigenous governing body — described in paragraph 149(1)(c), or (iii) a corporation described in paragraph 149(1)(d.5); (e) a corporation all of the shares (except directors’ qualifying shares) or of the capital of which are owned by one or more municipalities in Canada in combination with one or more persons each of which is described in the definition designated provincial Crown corporation ; (f) a corporation to which paragraph 149(1)(o.2) applies; (g) the Canada Infrastructure Bank; (h) Canada Growth Fund Inc. and any corporation that is a subsidiary wholly-owned corporation of Canada Growth Fund Inc.; or (i) a prescribed entity. ( société admissible ) qualifying entity means a qualifying corporation or a qualifying trust. ( entité admissible ) qualifying trust means, at all relevant times, a trust (a) each beneficiary of which is a corporation described in paragraph 149(1)(o.2); (b) that is a limited partner of a partn