Regulations are current to 2012-05-14 and last amended on 2012-01-01. Previous Versions
Patronage Payments
218. (1) Every person who, within the meaning of section 135 of the Act, makes payments to residents of Canada pursuant to an allocation in proportion to patronage shall make an information return in prescribed form in respect of payments so made.
(2) Every person who receives a payment referred to in subsection (1) as nominee or agent for another person resident in Canada shall make an information return in prescribed form in respect of the payment so received.
NOTE: Application provisions are not included in the consolidated text;
see relevant amending regulations. SOR/88-165, s. 31(F).
220. (1) Every person authorized to redeem Canada Savings Bonds (in this section referred to as the “redemption agent”) who pays an amount in respect of a Canada Savings Bond as a cash bonus that the Government of Canada has undertaken to pay (other than an amount of interest, bonus or principal agreed to be paid at the time of the issue of the bond under the terms of the bond) shall make an information return in prescribed form in respect of such payment.
(2) Every redemption agent required by subsection (1) to make an information return shall
(a) issue to the payee, at the time the cash bonus is paid, two copies of the portion of the return relating to him; and
(b) file the return with the Minister on or before the 15th day of the month following the month in which the cash bonus was paid.
NOTE: Application provisions are not included in the consolidated text;
see relevant amending regulations. SOR/88-165, s. 31(F).
Qualified Investments
[SOR/2005-264, s. 3]
221. (1) In this section, “reporting person” means
(a) a mutual fund corporation;
(b) an investment corporation;
(c) a mutual fund trust;
(d) and (e) [Repealed, SOR/2005-264, s. 4]
(f) a trust that would be a mutual fund trust if Part XLVIII were read without reference to paragraph 4801(b); or
(g) [Repealed, SOR/2005-264, s. 4]
(h) a small business investment trust (within the meaning assigned by subsection 5103(1)).
(i) [Repealed, SOR/2005-264, s. 4]
(2) Where in any taxation year a reporting person (other than a registered investment) claims that a share of its capital stock issued by it, or an interest as a beneficiary under it, is a qualified investment under section 146, 146.1, 146.3, 204, 205 or 207.01 of the Act, the reporting person shall, in respect of the year and within 90 days after the end of the year, make an information return in prescribed form.
(3) [Repealed, SOR/2005-264, s. 4]
NOTE: Application provisions are not included in the consolidated text;
see relevant amending Acts and regulations. SOR/85-160, s. 2;
