Versions of s. 256.7(4)
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If a cooperative housing corporation A × [0.01 - ((B/A)/7)] where A is the consideration payable for the supply, and B is if the corporation is entitled to claim a rebate under section 259 in respect of the complex, in the case where the complex is situated in a participating province, the amount of the rebate under section 259 that the corporation would have been entitled to claim if no tax under subsection 165(2) would have been payable or paid in respect of the complex, and in any other case, the amount of the rebate under section 259 that the corporation is entitled to claim in respect of the complex, 36% of the tax paid under subsection 165(1) by the corporation in respect of the supply if the corporation is not entitled to claim a rebate under section 259 in respect of the complex, and the corporation is entitled to, or can reasonably expect to be entitled to, claim a rebate under section 256.2 in respect of any residential unit situated in the complex, or it is the case that, or it can reasonably be expected that, a share of the capital stock of the corporation is or will be sold to an individual for the purpose of using a residential unit in the complex as the primary place of residence of the individual, or of a relation (as defined in subsection 255(1)) of the individual, and that the individual is or will be entitled to claim a rebate under section 255 in respect of the share, and in any other case, zero.