| 19(1) | File No. 5-8625 |
| W.C. Harding | |
| (613) 957-3499 |
September 15, 1989
Dear Sirs:
This is reply to your letter of August 28, 1989 wherein you requested a copy of a Deferred Salary Leave Plan ("DSLP") contract. As discussed by telephone on September 13, 1989 19(1) the Department cannot provide you with a standard DSLP contract. We would suggest that you may wish to contact other school boards in Alberta, and/or your teachers union or association in this regard.
As was further discussed with you, section 6801 of the Income Tax Regulations the details the provisions with which a DSLP must comply in order for it to be an exempted, prescribed plan for purposes of the salary deferral arrangement provisions of the Income Tax Act. Enclosed, please find a copy of the regulation for your review.
We trust our actions have been of assistance to you.
Yours truly,
for DirectorFinancial Industries DivisionRulings Directorate