Section 251 — Excise Tax Act: On becoming registrant

For the purposes of this Part, where a person becomes a registrant on a particular day, the period beginning on the first day of the calendar month that includes the particular day and ending on the day immediately preceding the particular day, and the period beginning on the particular day and ending on the last day of the reporting period of the person, otherwise determined under subsection 245(2), that includes the particular day, shall each be deemed to be a separate reporting period of the person. For the purposes of this Part, where a person ceases to be a registrant on a particular day, the period beginning on the first day of the reporting period of the person, otherwise determined under subsection 245(2), that includes the particular day and ending on the day immediately preceding the particular day, and the period beginning on the particular day and ending on the last day of the calendar month that includes the particular day, shall each be deemed to be a separate reporting period of the person.