14 September 1990 Income Tax Severed Letter ACC58297 - Mutual Funds Conforming with Redemption Requirements of Ontario Securities

By services, 22 July, 2022
Official title
Mutual Funds Conforming with Redemption Requirements of Ontario Securities
Language
English
Document number
Citation name
ACC58297
Severed letter type
Miscellaneous
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
658073
Extra import data
{
"field_external_guid": [],
"field_proprietary_citation": [],
"field_release_date_new": "1990-09-14 08:00:00",
"field_tags": []
}
Main text
24(1)
                                     5-8297
                                     D. Duff
                                     613-957-3498

19(1)

September 14, 1990 Dear Sirs:

Re: 24(1)

Your letter of May 18, 1989, to Betty Bertrand, Registered Pension and Deferred Income Plans Division, has been forwarded to us for reply.

After discussing this issue with officials from the Department of Finance, we are taking the position that if the aforementioned mutual funds conform with the redemption requirements of the Ontario Securities requirements in subparagraph 108(2)(a)(i).

We trust that these comments are satisfactory to you.

Yours truly,

for Director Financial Industries Division Rulings Directorate

c.c. Ms. Betty Bertrand Registered Pension and Deferred Income Plans Division