Assertion: listed financial institution | /r/HasProperty | member
Facets:
Source sentences:
text: Under subsection 150(1), where a corporation that is a member of a closely related group (of which a listed financial institution is a member) and another member of that group make a joint election, supplies of property between the two members made by way of lease, licence, or similar arrangement or of services that are made while the election is in effect and that would, in the absence of this provision, have been taxable supplies, are considered (with certain exceptions) to be exempt supplies of financial services.