Where a taxpayer has elected not to have s. 148(8.1) apply, s. 148(7) will apply. After the passage of Bill C-92, s. 148(8.1) will apply to a common-law spouse.
Where an election is made not to have s. 148(8.2) apply, s. 148(7) will not apply because of the exclusion for dispositions deemed to occur pursuant to s. 148(2)(b). After the passage of Bill C-92, s. 148(8.2) will apply to a common-law spouse.