Voluntary Transfer

Summary Policy

Date
October 25, 2002 (Revised November 23, 2005)

Reference number
CSP-V01

Key words

Voluntary transfer

Policy statement

At law, a gift is a voluntary transfer of property without consideration. In order for a donation to qualify as a gift, a donor must freely dispose of property. Any legal (for example, contractual) obligation on a payor to make a donation would cause the donation to lose its status as a gift.

References

• Summary Policy CSP-G01, Gift
• Policy Commentary CPC-008, Union Dues - Payment to a Registered Charity

Date modified:

2005-11-28