Income Tax Act — I-3.3 248
gue having regularly scheduled games (in this definition referred to as an “athlete’s plan”), where (i) the plan or arrangement would, but for paragraph (j) of the definition salary deferral arrangement in this subsection, be a salary deferral arrangement, and (ii) in the case of a Canadian team, the custodian of the plan or arrangement carries on business through a fixed place of business in Canada and is licensed or otherwise authorized under the laws of Canada or a province to carry on in Canada the business of offering to the public its services as trustee, (k) a salary deferral arrangement, whether or not deferred amounts thereunder are required to be included as benefits under paragraph 6(1)(a) in computing a taxpayer’s income, (l) a plan or arrangement (other than an athlete’s plan) that is maintained primarily for the benefit of non-residents in respect of services rendered outside Canada, (m) an insurance policy, or (n) a prescribed plan or arrangement, and, for the purposes of this definition, where a particular person holds property in trust under an arrangement that, if the property were held by another person, would be a retirement compensation arrangement, the arrangement shall be deemed to be a retirement compensation arrangement of which the particular person is the custodian; ( convention de retraite ) retirement income fund has the meaning assigned by subsection 146.3(1); ( fonds de revenu de retraite ) retirement savings plan has the meaning assigned by subsection 146(1); ( régime d’épargne-retraite ) retiring allowance means an amount (other than a superannuation or pension benefit, an amount received as a consequence of the death of an employee or a benefit described in subparagraph 6(1)(a)(iv)) received (a) on or after retirement of a taxpayer from an office or employment in recognition of the taxpayer’s long service, or (b) in respect of a loss of an office or employment of a taxpayer, whether or not received as, on account or in lieu of payment of, damages or pursuant to an order or judgment of a competent tribunal, by the taxpayer or, after the taxpayer’s death, by a dependant or a relation of the taxpayer or by the legal representative of the taxpayer; ( allocation de retraite ) RRSP deduction limit has the meaning assigned by subsection 146(1); ( maximum déductible au titre des REER ) RRSP dollar limit has the meaning assigned by subsection 146(1); ( plafond REER ) salary deferral arrangement , in respect of a taxpayer, means a plan or arrangement, whether funded or not, under which any person has a right in a taxation year to receive an amount after the year where it is reasonable to consider that one of the main purposes for the creation or existence of the right is to postpone tax payable under this Act by the taxpayer in respect of an amount that is, or is on account or in lieu of, salary or wages of the taxpayer for services rendered by the taxpayer in the year or a preceding taxation year (including such a right that is subject to one or more conditions unless there is a substantial risk that any one of those conditions will not be satisfied), but does not include (a) a registered pension plan, (a.1) a pooled registered pension plan, (b) a disability or income maintenance insurance plan under a policy with an insurance corporation, (c) a deferred profit sharing plan, (d) an employees profit sharing plan, (e) an employee trust, (e.1) an employee life and health trust, (f) a group sickness or accident insurance plan, (g) a supplementary unemployment benefit plan, (h) a vacation pay trust described in paragraph 149(1)(y), (i) a plan or arrangement the sole purpose of which is to provide education or training for employees of an employer to improve their work or work-related skills and abilities, (j) a plan or arrangement established for the purpose of deferring the salary or wages of a professional athlete for the services of the athlete as such with a team that participates in a league having reg