Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
DM'S OFFICE (2) 91-1700D
ADM'S OFFICE (3)
CENTRAL RECORDS
AUTHOR
SECTION CHIEF
DISTRICT OFFICESubject:OR CORPORATE CASE FILE
RETURN TO RULINGS, ROOM 303, METCALFE BLDG
February 14, 1992
19(1)
19(1)
I am writing in response to your letter of December 4, 1991, and further to your telephone conversation of January 7, 1992 (Spice/19(1)), in which you ask whether the Board Regulation entitled "Teacher Funded Leave Plan" (copy enclosed with your letter) satisfies the Income Tax Act requirement that a leave of absence last for a minimum of six consecutive months.
The current Board Regulation discusses the minimum leave period in 24(1) Both these provisions state that the leave shall be for a minimum of one half a school year. As discussed with Patricia Spice, an official of the Rulings Directorate, you intend to amend the Regulation to specify that the minimum leave must include one of the months of July or August, in addition to the half school year. I am pleased to confirm that this amendment will bring your policy into conformity with the Act.
Should you wish to discuss this matter further,
Mr. Wayne Douglas, Chief of the Deferred Income Plans Section would be pleased to answer any of your questions concerning deferred salary leave plans. He may be contacted by telephone at (613) 957-8957 or by writing to the Rulings Directorate, 403 - 88 Metcalfe Street, Ottawa, Ontario K1A 0L8.
I trust my comments will be of assistance to you.
Yours sincerely,
Pierre Gravelle, Q.C.c.c.: Mr. Wayne Douglas
P. Spice
January 30, 1992
957-2131
4-913520
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© Her Majesty the Queen in Right of Canada, 1992
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© Sa Majesté la Reine du Chef du Canada, 1992
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