I-3 - Taxation Act

Section 752.0.10.10.4 Disposition versions

2017-12-07

752.0.10.10.4. (Repealed).

2003, c. 2, s. 219; 2009, c. 15, s. 140; 2010, c. 5, s. 60; 2017, c. 29, s. 143.

2010-04-20

752.0.10.10.4. The rules set out in section 752.0.10.10.5 apply to an individual, in respect of an arrangement that is a registered retirement savings plan or a registered retirement income fund, or that was, immediately before the individual’s death, a tax-free savings account, if

(a)  by reason of the individual’s death, a transfer of money, or a transfer by means of a negotiable instrument, is made, from the arrangement (other than an arrangement of which a licensed annuities provider is the issuer or carrier) to a qualified donee, solely because of the donee’s right or interest as a beneficiary under the arrangement;

(b)  immediately before the individual’s death, the individual was the annuitant or holder under the arrangement; and

(c)  the transfer occurs within the 36-month period that begins at the time of the death of the individual or, where written application to extend the period has been made to the Minister by the individual’s legal representative, within such longer period as the Minister considers reasonable in the circumstances.

2003, c. 2, s. 219; 2009, c. 15, s. 140; 2010, c. 5, s. 60.

2009-06-04

752.0.10.10.4. The rules set out in section 752.0.10.10.5 apply to an individual, in respect of an arrangement that is a registered retirement savings plan, registered retirement income fund or tax-free savings account, if

(a)  by reason of the individual’s death, a transfer of money, or a transfer by means of a negotiable instrument, is made, from the arrangement (other than an arrangement of which a licensed annuities provider is the issuer or carrier) to a qualified donee, solely because of the donee’s right or interest as a beneficiary under the arrangement;

(b)  immediately before the individual’s death, the individual was the annuitant or holder under the arrangement; and

(c)  the transfer occurs within the 36-month period that begins at the time of the death of the individual or, where written application to extend the period has been made to the Minister by the individual’s legal representative, within such longer period as the Minister considers reasonable in the circumstances.

2003, c. 2, s. 219; 2009, c. 15, s. 140.

2006-03-01

752.0.10.10.4. Section 752.0.10.10.5 applies to an individual, in respect of a registered retirement savings plan or a registered retirement income fund, where

(a)  by reason of the individual’s death, a transfer of money, or a transfer by means of a negotiable instrument, is made, from a registered retirement savings plan or registered retirement income fund, other than a plan or fund of which a licensed annuities provider is the issuer or carrier, to a qualified donee, solely because of the donee’s interest as a beneficiary under the plan or fund;

(b)  immediately before the individual’s death, the individual was the annuitant under the plan or fund, within the meaning of paragraph b of section 905.1 or paragraph d of section 961.1.5, as the case may be; and

(c)  the transfer occurs within the 36-month period that begins at the time of the death of the individual or, where written application to extend the period has been made to the Minister by the individual’s legal representative, within such longer period as the Minister considers reasonable in the circumstances.

2003, c. 2, s. 219.