Mr. X makes the only contribution to the TFSA of his wife. CRA stated:
[A]n arrangement ceases to be administered in accordance with the provisions of subsection 146.2(2) at the time a contribution is made by a person other than the holder. Consequently, if arrangements in the situations described above would otherwise qualify as qualifying arrangements in the situations presented, subsection 146.2(3) [now 146.2(5)] would cause the arrangements to cease to be TFSAs immediately before the contribution by Mr. X.