Financial Services and Financial Institutions (GST/HST) Regulations

3.1 (1) [Repealed, SOR/2019-59, s. 5]

(2) The following services are prescribed for the purpose of subparagraph (q)(ii) of the definition financial service in subsection 123(1) of the Act when supplied by a supplier who provides management or administrative services to a person referred to in paragraph (q) of that definition:

• (a) the issuance of a financial instrument by, or the transfer of ownership of a financial instrument from, the supplier to the person;

• (b) the operation or maintenance of a savings, chequing, deposit, loan, charge or other account that the person has with the supplier; and

• (c) if the person is a trust governed by a self-directed registered disability savings plan, a self-directed registered education savings plan, a self-directed registered retirement income fund, a self-directed registered retirement savings plan or a self-directed TFSA, the arranging for the issuance, renewal, variation or transfer of ownership of a financial instrument for the person.