I-3 - Taxation Act

Section 885.1 Disposition versions

2006-03-01

885.1. A beneficiary described in paragraph k.2 of subsection 2 of section 147 of the Income Tax Act (Revised Statutes of Canada, 1985, chapter 1, 5th Supplement) shall include, in computing his income for a taxation year, the aggregate of amounts allocated or reallocated to him in the year in respect of an amount paid, after 1 December 1982, by an employer to a trust governed by a deferred profit sharing plan or a plan the registration of which has been revoked under subsection 14 or 14.1 of section 147 of the said Act, or a forfeited amount under any such plan.

1984, c. 15, s. 194; 1991, c. 25, s. 108.