I-3 - Taxation Act

Section 965.0.1 Disposition versions

2006-03-01

965.0.1. For the purposes of this Title,

“defined benefit provision” of a pension plan has the meaning assigned by subsection 1 of section 147.1 of the Income Tax Act (Revised Statutes of Canada, 1985, chapter 1, 5th Supplement);

“licensed annuities provider” means a person who is licensed or otherwise authorized under a law of Canada or a province to carry on an annuities business in Canada;

“member” of a pension plan means an individual who has a right, either immediate or in the future and either absolute or contingent, to receive benefits under the plan, other than an individual who has such a right only by reason of the participation of another individual in the plan;

“money purchase provision” of a pension plan has the meaning assigned by subsection 1 of section 147.1 of the Income Tax Act;

“single amount” means an amount that is not part of a series of periodic payments.

1991, c. 25, s. 157; 1994, c. 22, s. 294; 2000, c. 5, s. 219.