Canada Education Savings Act (S.C. 2004, c. 26)
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Act current to 2012-05-02 and last amended on 2011-12-15. Previous Versions
Canada Education Savings Act
S.C. 2004, c. 26
Assented to 2004-12-15
An Act to provide financial assistance for post-secondary education savings
Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:
SHORT TITLE
Marginal note:Short title
1. This Act may be cited as the Canada Education Savings Act.
INTERPRETATION
Marginal note:Definitions
2. (1) The definitions in this subsection apply in this Act.
“Canada Learning Bond”
« bon d’études »
“Canada Learning Bond” means the bond payable or paid under section 6.
“CES grant”
« subvention pour l’épargne-études »
“CES grant” means a Canada Education Savings grant payable or paid under section 5 or under Part III.1 of the Department of Human Resources Development Act, as it read immediately before the coming into force of section 19 of this Act.
“child tax benefit”
« prestation fiscale pour enfants »
“child tax benefit” means a deemed overpayment under Subdivision a.1 of Division E of Part I of the Income Tax Act.
“first threshold”
« premier seuil »
“first threshold” for a particular year means the dollar amount referred to in paragraph 117(2)(a) of the Income Tax Act, as adjusted under that Act for the particular year.
“national child benefit supplement”
« supplément de la prestation nationale pour enfants »
“national child benefit supplement” means that portion of a child tax benefit determined under the description of C in subsection 122.61(1) of the Income Tax Act.
“prescribed”
Version anglaise seulement“prescribed” means prescribed by regulations.
“primary caregiver”
« responsable »
“primary caregiver” means
(a) in the case of a beneficiary who is a qualified dependant in respect of whom a child tax benefit is payable, the eligible individual in respect of the beneficiary; and
(b) in the case of a beneficiary in respect of whom a special allowance is payable under the Children’s Special Allowances Act, the department, agency or institution that maintains the beneficiary.
“second threshold”
« deuxième seuil »
“second threshold” for a particular year means the higher dollar amount referred to in paragraph 117(2)(b) of the Income Tax Act, as adjusted under that Act for the particular year.
Marginal note:Income Tax Act expressions
(2) Unless a contrary intention appears, in this Act
(a) the expressions “adjusted income”, “eligible individual” and “qualified dependant” have the meanings assigned by section 122.6 of the Income Tax Act;
(b) the expressions “beneficiary”, “contribution”, “designated provincial program”, “promoter”, “registered education savings plan”, “subscriber” and “trust” have the meanings assigned by section 146.1 of the Income Tax Act; and
(c) any other expression has the meaning assigned by the Income Tax Act.
- 2004, c. 26, s. 2;
- 2010, c. 12, s. 30.