DOC

Word Version - Industry Canada

By Kimberly Carter,2015-03-04 13:26
11 views 0
Word Version - Industry Canada ...

    Government Gouvernement CAPITAL LEASING REGULATIONS of Canada du Canada NOTICE OF IMPROVEMENTS TO THE ORIGINAL EQUIPMENT

    Notes: 1) "CAPITAL LEASING REGULATIONS" means the Canada Small Business Financing (Establishment and Operation of Capital Leasing Pilot Project) Regulations. 2) "CAPITAL LEASE" means the capital lease registered under the Capital Leasing Regulations. 3) Please read the attached INSTRUCTIONS and fill in all of the lines or use N/A if not applicable. 4) The form must be submitted within 3 MONTHS following the date on which the amendment to the capital lease was made. CAPITAL LEASE IDENTIFICATION

1. Lessor's Name 2. Industry Canada Identification No. 3. Lessee's Name

4. Ind. Canada Capital 5. Original Date Capital 6. Original Total Financing Amount of Capital Lease Lease Registration No. Lease Entered Into

     (YYYY-MM-DD)

     7. Date on which the amendment to the capital lease was entered into: (YYYY-MM-DD) A) DETAILED COST OF THE IMPROVEMENTS

    8. Cost of improvements to the original "Purchase price of new equipment" +

    The lesser of a) or b) Cost of improvements to the original "Purchase price of used equipment" a)+ 9.

    b) Fair market value of improvements to the used equipment 10. Additional costs necessary for the operation of the improved equipment + 11. Cost of software related to the operation of the improved equipment, if applicable + 12. Non-refundable taxes and customs duties for the improvements to the equipment + 13. Total cost of improvements (total of Lines 8 to 12) = Additional Financed Cost of Equipment

    14. Total cost of improvements to the original "Cost of equipment"(Line 13) + 15. Deduct: Cost of improvements not financed, if applicable - 16. Additional "Financed cost of equipment" (Line 14 less Line 15) = Registration Fee

    17. Additional registration fee due (2% of Line 16) - Cheque payable to Receiver General (do not round to nearest dollar) B) OUTSTANDING BALANCE OF CAPITAL LEASE

    18. Outstanding balance of the capital lease before its amendment + 19. Cost of improvements to original "Financed cost of equipment"(Line 16) + 20. Additional "Registration fees included in the capital lease" (optional, but if financed, cannot exceed Line 17) + 21. New outstanding balance of the capital lease after its amendment = IC 2861e (2004/11)

     Capital Lease Registration No. Industry Canada

C) DETAILED CALCULATION OF THE REVISED PAYMENTS

    22. Purchase price of new equipment +

    The lesser of a) or b) Revised total "Purchase price of used equipment" a)+ 23. b) Revised total "Fair market value of the used equipment" 24. Revised total "Additional costs necessary for the operation of the equipment" + 25. Revised total "Cost of software related to the operation of the equipment" + 26. Revised total "Non-refundable taxes and customs duties" + 27. Revised total "Cost of equipment" (total of Lines 22 to 26) (cannot exceed $250,000) =