Income Tax Act — I-3.3 125.7
ndar year, if those fiscal periods are not the calendar year), and D is the executive remuneration of the eligible entity, or of the public parent corporation that controls the eligible entity, if any, for the 2019 calendar year (prorated based upon the number of days of the eligible entity’s, or the public parent corporation’s, fiscal periods in the calendar year, if those fiscal periods are not the calendar year), and (ii) for the twenty-fourth qualifying period and any subsequent qualifying period, the lesser of (A) the total of all amounts each of which is an amount of a deemed overpayment under subsection (2) for each of the eligible entities described in clause (i.1)(A) of the description of A for the twenty-fourth qualifying period and any subsequent qualifying period, other than amounts in respect of employees on leave with pay, and (B) the amount determined by the formula E + F − G where E is the amount, if any, by which the amount determined under clause (i)(B) exceeds the amount determined under clause (i)(A), F is the executive remuneration of the eligible entity, or of the public parent corporation that controls the eligible entity, if any, for the 2022 calendar year (prorated based upon the number of days of the eligible entity’s, or the public parent corporation’s, fiscal periods in the calendar year, if those fiscal periods are not the calendar year), and G is the executive remuneration of the eligible entity, or of the public parent corporation that controls the eligible entity, if any, for the 2019 calendar year (prorated based upon the number of days of the eligible entity’s, or the public parent corporation’s, fiscal periods in the calendar year, if those fiscal periods are not the calendar year). ( montant du remboursement de la rémunération de la haute direction ) executive remuneration , of an eligible entity, means (a) the total amount of compensation that is reported in the eligible entity’s Statement of Executive Compensation for Named Executive Officers pursuant to National Instrument 51-102 Continuous Disclosure Obligations, as amended from time to time, of the Canadian Securities Administrators in respect of Named Executive Officers of the eligible entity; (b) if paragraph (a) does not apply and the eligible entity is required to make a similar disclosure to shareholders under the laws of another jurisdiction, the amount of total compensation reported in that disclosure (if the compensation of more than five individuals is required to be reported under that disclosure, using the five most highly compensated of those individuals); and (c) if paragraphs (a) and (b) do not apply, the amount that would be required to be reported by the eligible entity using the methodology for preparing the Statement of Executive Compensation referred to in paragraph (a). ( rémunération de la haute direction ) prior reference period , for a qualifying period of an eligible entity, means (a) subject to paragraph (b), (i) for the first qualifying period, March 2019, (ii) for the second qualifying period, April 2019, (iii) for the third qualifying period, May 2019, (iv) for the fourth qualifying period, June 2019, (v) for the fifth qualifying period, July 2019, (vi) for the sixth qualifying period, August 2019, (vii) for the seventh qualifying period, September 2019, (viii) for the eighth qualifying period, October 2019, (ix) for the ninth qualifying period, November 2019, (x) for the tenth qualifying period, December 2019, (xi) for the eleventh qualifying period, December 2019, (xii) for the twelfth qualifying period, January 2020, (xiii) for the thirteenth qualifying period, February 2020, (xiv) for the fourteenth qualifying period, March 2019, (xv) for the fifteenth qualifying period, April 2019, (xvi) for the sixteenth qualifying period, May 2019, (xvii) for the seventeenth qualifying period, June 2019, (xviii) for the eighteenth qualifying period, July 2019, (xix) for the nineteenth qualifying period, August 2019, (x