Canada Disability Savings Regulations

3 The Minister may pay a bond into an RDSP if

• (a) the issuer enters into an issuer agreement with the Minister that applies to the RDSP and includes the terms and conditions set out in section 4;

• (b) the holder requests, no later than December 31 of the year for which the bond is payable, that the issuer submit an application for the bond;

• (c) the issuer submits an application for the bond to the Minister

  • (i) with respect to a request made to the issuer before 2010, no later than June 30, 2010, and

  • (ii) with respect to a request made to the issuer in 2010 or later, no later than 180 days after the day on which the request for the bond is made to the issuer;

• (d) the beneficiary is less than 49 years of age at the end of the year preceding the year for which the bond is payable;

• (e) the beneficiary is a DTC-eligible individual in respect of the year for which the bond is payable; and

• (f) in the opinion of the Minister, the issuer complies with the requirements of these Regulations and the terms and conditions of the issuer agreement that applies to the RDSP.