Examples of Designated Provincial Program in a sentence
After taking into consideration the Assistance Holdback Amount and any repayments of amounts under the CDSA and its Regulations or a Designated Provincial Program, any remaining amount in the Plan will be paid to the Beneficiary or to his or her estate.
A Subscriber Contribution does not include an amount paid into the Plan under or because of: (a) the Canada Education Savings Act or a Designated Provincial Program, or (b) any other program that has a similar purpose to a designated provincial program and that is funded, directly or indirectly, by a province (other than an amount paid into the Plan by a public primary caregiver in its capacity as a subscriber under the Plan).
The Subscriber agrees to provide the Promoter with such information as may be required from time to time in order to enable the Promoter and the Trustee to apply for and administer any Grants in accordance with the Canada Education Savings Act or under a Designated Provincial Program.
The Promoter and the Trustee will ensure that the Canada Education Savings Grants and all other Grants under the Canada Education Savings Act or under a Designated Provincial Program are applied for as requested.
Where required by the Canada Education Savings Act or under a Designated Provincial Program, the Promoter, on behalf of the Trustee, will make a payment from the Plan as a repayment of Grants previously received by the Plan.