English: - 85 the transferee trust is deemed after the particular time to be a trust to which the individual had transferred property in anticipation of the individual ceasing to reside in Canada and in circumstances to which subsection 73(1) applied, and (ii) for the purposes of paragraph (j) of the definition "excluded right or interest" in subsection 128.1(10) and the application of this paragraph to a disposition by the transferee trust after the particular time, where the property so transferred was transferred in circumstances to which this subsection would apply if subsection (1) were read without reference to paragraphs (1)(h) and (i), the transferee trust is deemed after the particular time to be a trust an interest in which was acquired by the individual as a consequence of a qualifying disposition; (i) if the transferor is a trust (other than a personal trust or a trust prescribed for the purposes of subsection 107(2)), the transferee trust is deemed to be neither a personal trust nor a trust prescribed for the purposes of subsection 107(2); (j) if the transferor is a trust and a taxpayer disposes of all or part of a capital interest in the transferor because of the qualifying disposition and, as a consequence, acquires a capital interest or part of it in the transferee trust (i) the taxpayer is deemed to dispose of the capital interest or part of it in the transferor for proceeds equal to the cost amount to the taxpayer of that interest or part of it immediately before the particular time, and (ii) the taxpayer is deemed to acquire the capital interest or part of it in the transferee trust at a cost equal to the amount, if any, by which (A) that cost amount exceeds (B) the amount by which the taxpayer’s loss otherwise determined from the disposition referred to in subparagraph (i) would be reduced because of paragraph 107(1)(c) or (d) if the proceeds under that subparagraph were equal to the fair market value of the capital interest or part of it in the transferor immediately before the particular time; (k) where the transferor is a trust, a taxpayer’s beneficial ownership in the property ceases to be derived from the taxpayer’s capital interest in the transferor because of the qualifying disposition and no part of the taxpayer’s capital interest in the transferor was disposed of because of the
French: i) si le cédant est une fiducie (sauf une fiducie personnelle ou une fiducie visée par règlement pour l’application du paragraphe 107(2)), la fiducie cessionnaire est réputée être ni une fiducie personnelle ni une fiducie visée par règlement pour l’application du paragraphe 107(2); j) si le cédant est une fiducie et qu’un contribuable dispose de la totalité ou d’une partie de sa participation au capital du cédant dans le cadre de la disposition admissible et acquière, en conséquence, une participation au capital de la fiducie cessionnaire ou une partie d’une telle participation : (i) le contribuable est réputé disposer de la participation au capital du cédant, ou de la partie de cette participation, pour un produit égal au coût indiqué pour lui de cette participation ou partie de participation immédiatement avant le moment donné, (ii) le contribuable est réputé acquérir la participation au capital de la fiducie cessionnaire, ou la partie de cette participation, à un coût égal à l’excédent éventuel du montant visé à la division (A) sur le montant visé à la division (B) : (A) le coût indiqué visé au sous-alinéa (i), (B) le montant qui, par l’effet des alinéas 107(1)c) ou d), serait appliqué en réduction de la perte du contribuable, déterminée par ailleurs, résultant de la disposition visée au sous-alinéa (i) si le produit déterminé selon ce sous-alinéa