Canada Disability Savings Regulations
5.3 (1) Subject to section 5.4, if a disability assistance payment is made, the issuer of the RDSP shall repay to the Minister, within the period set out in the issuer agreement, the least of the following amounts:
(a) $3 for every $1 of disability assistance payment made,
(b) the fair market value, immediately before the making of the disability assistance payment, of the property held by the RDSP, and
(c) the assistance holdback amount of the RDSP immediately before the making of the disability assistance payment.
(2) An issuer that repays the amount referred to in paragraph (1)(a) is to do so from the grants and bonds that were paid into the RDSP within the 10-year period preceding the making of the disability assistance payment, in the order in which they were paid into it.
- 2012, c. 31, s. 73
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