S.L. 123.92 Art. 2Definitions. Cap. 123.

In these rules, unless the context otherwise requires -

"acquisition value" and "transfer value" mean the acquisition value and the transfer value that are required to be determined for the purposes of article 5A of the Act; "Act" means the Income Tax Act;

"project" and "property" have the meaning assigned to them in article 5A of the Act; "market value", in relation to any property, means the average price which that property would fetch if sold in the open market; "notice of the transfer" means the notice in respect of a transfer of property that is required to be delivered to the Commissioner in accordance with rule 22(9).