Jobs and Economic Growth Act (S.C. 2010, c. 12)
Full Document:
Assented to 2010-07-12
27. (1) Subparagraphs 6(2)(a)(i) and (ii) of the Act are replaced by the following:
(i) an individual who is at least 18 years of age on December 31 of the year preceding the particular year and whose family income for the particular year is less than or equal to the second threshold for the particular year,
(ii) a qualified dependant of an eligible individual whose adjusted income used to determine the amount of a child tax benefit in respect of January in the particular year is less than or equal to the second threshold for the particular year, or
(2) Subsection 6(6) of the Act is repealed.
(3) Subsections (1) and (2) apply to the 2009 and subsequent years.
28. (1) Subparagraphs 7(2)(a)(i) and (ii) of the Act are replaced by the following:
(i) an individual who is at least 18 years of age on December 31 of the year preceding the particular year and whose family income for the particular year is less than or equal to the phase-out income for the particular year,
(ii) a qualified dependant of an eligible individual whose adjusted income used to determine the amount of a child tax benefit in respect of January in the particular year is less than or equal to the phase-out income for the particular year, or
(2) Subparagraphs 7(2)(b)(i) and (ii) of the Act are replaced by the following:
(i) an individual who is at least 18 years of age on December 31 of the year preceding the particular year and whose family income for the particular year is more than the phase-out income for the particular year but less than the first threshold for the particular year, or
(ii) a qualified dependant of an eligible individual whose adjusted income used to determine the amount of a child tax benefit in respect of January in the particular year is more than the phase-out income for the particular year but less than the first threshold for the particular year.
(3) The descriptions of B and C in subsection 7(4) of the Act are replaced by the following:
- B
- is the phase-out income for the particular year; and
- C
- is the first threshold for the particular year.
(4) Subsection 7(8) of the Act is repealed.
(5) Subsections (1) to (4) apply to the 2009 and subsequent years.
Marginal note:SOR/2008-186
Canada Disability Savings Regulations
29. (1) Subparagraph 4(d)(i) of the Canada Disability Savings Regulations is replaced by the following:
(i) all contributions, payments and transfers to, and all payments and transfers from, an RDSP,
(2) Subsection (1) applies to the 2009 and subsequent years.
- Date modified: