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Canada Disability Savings Regulations

Version of section 3 from 2013-06-12 to 2014-05-28:

 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;

  • (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.

  • SOR/2013-131, s. 2

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