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Income Tax Regulations

Version of section 8309 from 2005-08-31 to 2019-11-19:

  •  (1) Subject to subsection (3), where an individual is, at any time in a particular calendar year after 1989, a lieutenant governor of a province (other than a lieutenant governor who is not a contributor as defined in section 2 of the Lieutenant Governors Superannuation Act), there is prescribed in respect of the individual for the year following the particular year, for the purposes of the descriptions of B in the definitions RRSP deduction limit and unused RRSP deduction room in subsection 146(1) of the Act and the description of B in paragraph 204.2(1.1)(b) of the Act, the lesser of

    • (a) the amount, if any, by which 18% of the salary received by the individual for the particular year as a lieutenant governor exceeds the PA offset for the particular year, and

    • (b) the amount by which the money purchase limit for the particular year exceeds the PA offset for the particular year.

  • (2) Subject to subsection (3), where an individual is, at any time in a particular calendar year after 1990, a judge in receipt of a salary under the Judges Act, there is prescribed in respect of the individual for the year following the particular year, for the purposes of the descriptions of B in the definitions RRSP deduction limit and unused RRSP deduction room in subsection 146(1) of the Act and the description of B in paragraph 204.2(1.1)(b) of the Act, the lesser of

    • (a) the amount, if any, by which 18% of the portion of the salary received by the individual for the particular year under the Judges Act in respect of which contributions are required under subsection 50(1) or (2) of that Act exceeds the PA offset for the particular year; and

    • (b) the amount determined by the formula

      A × B / 12

      where

      A
      is the amount by which the money purchase limit for the particular year exceeds the PA offset for the particular year, and
      B
      is the number of months, in the particular year, for which the individual received salary in respect of which contributions were required under subsection 50(1) or (2) of the Judges Act.
  • (3) For the purpose of determining the amount prescribed under subsection (1) or (2) in respect of an individual for a calendar year after 2000 and before 2004,

    • (a) paragraph (1)(b) shall be read as follows:

      • “(b) the money purchase limit for the particular year.”, and

    • (b) the description of A in paragraph (2)(b) shall be read as follows:

      “A
      is the money purchase limit for the particular year, and”.
  • [NOTE: Application provisions are not included in the consolidated text
  • see relevant amending Acts and regulations.]
  • SOR/92-51, s. 7
  • SOR/99-9, s. 14
  • SOR/2001-339, s. 1
  • SOR/2005-264, s. 23
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