Canada Disability Savings Act

Marginal note:Definitions

• 2 (1) The following definitions apply in this Act.

  Canada Disability Savings Bond

  Canada Disability Savings Bond means the bond payable or paid under section 7. (bon canadien pour l’épargne-invalidité)

  Canada Disability Savings Grant

  Canada Disability Savings Grant means the grant payable or paid under section 6. (subvention canadienne pour l’épargne-invalidité)

  child tax benefit

  child tax benefit means a deemed overpayment under Subdivision a.1 of Division E of Part 1 of the Income Tax Act. (prestation fiscale pour enfants)

  contribution

  contribution means any amount paid into the registered disability savings plan of a beneficiary in accordance with section 146.4 of the Income Tax Act but does not include

  • (a) an amount transferred under subsection 146.4(8) of that Act;

  • (b) any prescribed payment referred to in the definition contribution in subsection 146.4(1) of that Act; or

  • (c) an amount paid into the plan under this Act. (cotisation)

  family income

  family income means the income determined by the Minister in accordance with the definition adjusted income in section 122.6 of the Income Tax Act by using the information provided by the Minister of National Revenue for that purpose. (revenu familial)

• 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 same meanings as in section 122.6 of the Income Tax Act;

  • (b) the expressions holder, issuer and registered disability savings plan have the same meanings as in section 146.4 of that Act; and

  • (c) any other expression has the same meaning as in that Act.