Income Tax Regulations — 1101
ereby prescribed to be a separate class of property. Class 28 — Single Mine Properties (4a) If one or more properties of a taxpayer are described in Class 28 of Schedule II and some or all of the properties were acquired for the purpose of gaining or producing income from one mine and not from any other mine (which properties are referred to as “single mine properties” in this subsection), a separate class is prescribed for the single mine properties that (a) were acquired for the purpose of gaining or producing income from that mine; (b) would otherwise be included in Class 28; and (c) are not included in a separate class by reason of subsection (4b). Class 28 — Multiple Mine Properties (4b) If more than one property of a taxpayer is described in Class 28 in Schedule II and some or all of the properties were acquired for the purpose of gaining or producing income from particular mines and not from any other mine (which properties are referred to as “multiple mine properties” in this subsection), a separate class is prescribed for the multiple mine properties that (a) were acquired for the purpose of gaining or producing income from the particular mines; and (b) would otherwise be included in Class 28. Class 41 — Single Mine Properties (4c) If one or more properties of a taxpayer are described in paragraph (a), (a.1) or (a.2) of Class 41 of Schedule II and some or all of the properties were acquired for the purpose of gaining or producing income from one mine and not from any other mine (which properties are referred to as “single mine properties” in this subsection), a separate class is prescribed for the single mine properties that (a) were acquired for the purpose of gaining or producing income from that mine; (b) would otherwise be included in Class 41; and (c) are not included in a separate class by reason of subsection (4d). Class 41 — Multiple Mine Properties (4d) If more than one property of a taxpayer is described in paragraph (a), (a.1) or (a.2) of Class 41 in Schedule II and some or all of the properties were acquired for the purpose of gaining or producing income from particular mines and not from any other mine (which properties are referred to as “multiple mine properties” in this subsection), a separate class is prescribed for the multiple mine properties that (a) were acquired for the purpose of gaining or producing income from the particular mines; and (b) would otherwise be included in Class 41. Class 41.1 — Single Mine Properties (4e) If one or more properties of a taxpayer are described in paragraph (a) of Class 41.1 of Schedule II and some or all of the properties were acquired for the purpose of gaining or producing income from one mine and not from any other mine (which properties are referred to as “single mine properties” in this subsection), a separate class is prescribed for the single mine properties that (a) were acquired for the purpose of gaining or producing income from that mine; (b) would otherwise be included in Class 41.1, because of paragraph (a) of that class; and (c) are not included in a separate class by reason of subsection (4f). Class 41.1 — Multiple Mine Properties (4f) If more than one property of a taxpayer is described in paragraph (a) of Class 41.1 in Schedule II and some or all of the properties were acquired for the purpose of gaining or producing income from particular mines and not from any other mine (which properties are referred to as “multiple mine properties” in this subsection), a separate class is prescribed for the multiple mine properties that (a) were acquired for the purpose of gaining or producing income from the particular mines; and (b) would otherwise be included in Class 41.1 because of paragraph (a) of that class. Class 41.2  —  Single Mine Properties (4g) If one or more properties of a taxpayer are described in paragraph (a) of Class 41.2 of Schedule II and some or all of the properties were acquired for the purpose of gaining or producing income from one mi