Canada Disability Savings Regulations

4 Every issuer agreement shall include the following terms and conditions:

• (a) the issuer shall provide the Minister with any information that the Minister requires for the purposes of the Act and these Regulations;

• (b) the issuer shall maintain records and books of account that relate to the amounts paid under the Act in the form and containing any information that the Minister requires to ensure compliance with the Act and these Regulations;

• (c) the issuer shall allow the Minister access to all documents and other information that the Minister requires for auditing amounts paid or repaid under the Act and these Regulations;

• (d) the issuer shall report to the Minister annually or within any other period set out in the issuer agreement with respect to

  • (i) all contributions, payments and transfers to, and all payments and transfers from, an RDSP,

  • (ii) the assistance holdback amount, and

  • (iii) any other information related to the RDSP that is specified in the issuer agreement;

• (e) the issuer shall submit all information to the Minister in a format and manner that is acceptable to the Minister;

• (f) the issuer shall not charge fees related to the RDSP against the assistance holdback amount of the RDSP;

• (g) the issuer shall, when transferring the property of the RDSP, provide to the issuer of the new plan all information that it is required to provide in accordance with paragraph 146.4(8)(c) of the Income Tax Act; and

• (h) the issuer shall repay any amount required to be repaid to the Minister under these Regulations and shall do so within the period specified in the agreement.