Bill C-410: An Act to amend the Bankruptcy and Insolvency Act (property of bankrupt — exclusion)

Bill C-410 If you have any questions or comments regarding the accessibility of this publication, please contact us at [email protected]. LEGISinfo First Reading Bilingual view XML PDF Skip to Document Navigation Skip to Document Content Bankruptcy and Insolvency Act First Session, Forty-second Parliament, 64-65-66-67 Elizabeth II, 2015-2016-2017-2018 HOUSE OF COMMONS OF CANADA BILL C-410 An Act to amend the Bankruptcy and Insolvency Act (property of bankrupt — exclusion) FIRST READING, June 18, 2018 Mr. Albas 421463 SUMMARY This enactment amends the Bankruptcy and Insolvency Act to exclude property in a registered education savings plan and a registered disability savings plan from the property of a bankrupt. Available on the House of Commons website at the following address: www.ourcommons.ca 1st Session, 42nd Parliament, 64-65-66-67 Elizabeth II, 2015-2016-2017-2018 HOUSE OF COMMONS OF CANADA BILL C-410 An Act to amend the Bankruptcy and Insolvency Act (property of bankrupt — exclusion) Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: R.‍S.‍, c. B-3 Bankruptcy and Insolvency Act 1 Paragraph 67(1)‍(b.‍3) of the Bankruptcy and Insolvency Act is replaced by the following: (b.‍3) without restricting the generality of paragraph (b), property in a registered retirement savings plan, a registered retirement income fund, a registered education savings plan or a registered disability savings plan, as those expressions are defined in the Income Tax Act, or in any prescribed plan, other than property contributed to any such plan or fund in the 12 months before the date of bankruptcy, Published under authority of the Speaker of the House of Commons Publication Explorer Publication Explorer ParlVU