Revenue Canada Taxation Head Office
B.G. Dodd (613) 995-0051
January 21, 1986
Dear XXXX,
We are writing in reply to your letter of January 3.
Further to your initial letter dated September 30, 1985 and our reply of December 16, 1985, you enclosed a revised version, in draft form, of a proposed debenture to be issued by XXXX and purchased by your registered retirement savings plan (RRSP), as well as a revised draft of a Letter be issued in respect of the debenture by the XXXX. Your purpose in writing is to obtain confirmation that such a debenture would represent a qualified investment for an RRSP.
As indicated in our previous reply, this is not a matter of general interpretation of tax law and should be the subject of an advance ruling request. If you wish to pursue the question, we suggest the issuing corporation proceed with a ruling request as outlined in the previously enclosed Information Circular No. 70-6R.
Yours truly,
for Director Financial Industries Division Rulings Directorate