Canada Disability Savings Regulations

2 The Minister may pay a grant into an RDSP in respect of a contribution made to and not withdrawn from the RDSP if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 issuer submits, at the request of the holder of the RDSP, an application for the grant to the Minister;

• (c) the beneficiary is less than 49 years of age at the end of the year preceding the year in which the contribution is made;

• (d) the total of the contribution and all other contributions made to an RDSP of the beneficiary does not exceed $200,000;

• (e) the beneficiary is a DTC-eligible individual in respect of the year in which the contribution is made, and in respect of the year or years to which the contribution is allocated; and

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