hordruma/ontario_laws_and_regs huggingface dataset:
Payments
 14. (1) Section 78 of the Corporations Tax Act applies to municipal electricity utilities in respect of amounts payable under section 93 of the Act.  O. Reg. 162/01, s. 14 (1). (2) Despite subsection (1), the following rules apply to amounts payable by a municipal electricity utility under section 93 of the Act for its taxation year, if any, that commences on October 1, 2001: 1. The first instalment for the taxation year is payable on or before October 31, 2001 and subsequent instalments for the year are payable on or before the end of each subsequent month in the taxation year. 2. The balance of the amount payable for the taxation year is payable on or before the end of the third month after the end of the taxation year. 3. Subclauses 78 (2) (a) (ii) and (iii), clause 78 (2) (b) and subsections 78 (3), (8), (9) and (10) of the Corporations Tax Act do not apply. 4. If the amount payable by the utility under section 93 of the Act for the taxation year is less than $2,000, i. after the deduction of any credits to which the utility would be entitled if it were a corporation subject to tax under the Federal Act, and ii. after the deduction of any credits and tax that would be deemed under Division E of Part II of the Corporations Tax Act to be paid by the utility if it were a corporation subject to tax under the Corporations Tax Act, the utility is not required to pay monthly instalments on account of the amount payable under section 93 of the Act, and may pay the total amount on or before the end of the third month after the end of the taxation year. 5. Subsection 79 (1) of the Corporations Tax Act applies unless it is reasonable to believe from the amount of the instalments paid by the utility and the timing of the payments that the utility exercised due diligence in estimating the amount of its instalments.  O. Reg. 162/01, s. 14 (2); O. Reg. 172/02, s. 3 (1, 2). (3) Despite subsection (1), subclause 78 (2) (a) (iii) and paragraph 2 of subsection 78 (4.2) of the Corporations Tax Act
do not apply to a municipal electricity utility in respect of amounts payable under section 93 of the Act for the taxation year, if any, of the utility commencing immediately after the end of its taxation year that commenced on October 1, 2001.  O. Reg. 172/02, s. 3 (3). (4) In applying section 78 of the Corporations Tax Act for a taxation year, clauses 78 (4.3) (a), (5) (b), (5.1) (b) and (6) (a) of that Act shall be read as if they included a reference to each credit that is an amount deemed under Division E of Part I of the Federal Act to have been paid on account of a corporation’s tax payable under the Federal Act for the taxation year.  O. Reg. 172/02, s. 3 (3).