1.27 A share or unit of a corporation or trust that is a registered investment (RI) (as defined in subsection 204.4(1)) is a qualified investment. If a registered plan acquires such shares or units before the corporation or trust becomes an RI, the shares or units can still qualify retroactive to the time of acquisition if the corporation or trust is registered as an RI before the end of the calendar year in which the shares or units are acquired. Note that the registration of an RI cannot have retroactive effect any earlier than the beginning of the calendar year in which application for registration is made.
Subsection 204.4(2) - Acceptance of applicant for registration
13 September 2000 External T.I. 2000-004288 -
"A derivative agreement such as a swap is a contractual arrangement which is separate from any associated asset or liability ... which it may be designed to hedge. It is also our view that any income earned or expense incurred from the swap would not be considered to be derived from the associated assets ... . "
Subsection 204.4(4) - Suspension of revocation
6 December 1993 External T.I. 5-932804 -
Continued registered investment status under s. 204.4(4) applies to all terminated registered investments including a mutual fund trust whose units are described in Regulation 4900(1)(d).