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Canada Disability Savings Act

Version of section 8 from 2011-06-26 to 2024-02-06:


Marginal note:Payment

 Neither a Canada Disability Savings Grant nor a Canada Disability Savings Bond may be paid unless

  • (a) the Minister is provided with, as the case may be,

    • (i) the Social Insurance Number of the beneficiary,

    • (ii) the Social Insurance Number of the eligible individual referred to in subparagraph 6(2)(a)(ii) or 7(2)(a)(ii) or (b)(ii), and

    • (iii) the business number of the department, agency or institution that maintains the beneficiary in respect of whom a special allowance is payable under the Children’s Special Allowances Act for a month in the particular year;

  • (b) the beneficiary is resident in Canada, in the case of a Canada Disability Savings Grant, at the time the contribution to the plan is made and, in the case of a Canada Disability Savings Bond, immediately before the payment is made; and

  • (c) the plan is not a specified disability savings plan, in the case of a Canada Disability Savings Grant, at the time the contribution to the plan is made and, in the case of a Canada Disability Savings Bond, immediately before the payment is made.

  • 2007, c. 35, s. 136 “8”
  • 2011, c. 15, s. 6

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