Income Tax Act — I-3.3 147.5
 in respect of each member are benefits determined solely with reference to, and provided by, the amount in the member’s account; (d) all earnings of the plan are allocated to plan members on a reasonable basis and no less frequently than annually; (e) the arrangement under which property is held in connection with the plan is acceptable to the Minister; (f) no right of a person under the plan is capable of being assigned, charged, anticipated, given as security or surrendered, other than (i) an assignment pursuant to a decree, order or judgment of a competent tribunal, or under a written agreement, relating to a division of property between the member and the member’s spouse or common-law partner or former spouse or common-law partner, in settlement of rights arising out of, or on a breakdown of, their marriage or common-law partnership, (ii) an assignment by the legal representative of a deceased individual on the distribution of the individual’s estate, or (iii) a surrender of benefits payable to a qualifying survivor of a member after the member’s death, to the extent permitted under the Pooled Registered Pension Plans Act or a similar law of a province; (g) the plan requires that all amounts contributed or allocated to a member’s account vest immediately and indefeasibly for the benefit of the member; (h) the plan permits the payment of an amount to a member if the amount is paid to reduce the amount of tax that would otherwise be payable under Part X.1 by the member; (i) any amount payable from an account of a member after the death of the member is paid as soon as practicable after the death; (j) there is no reason to expect that the plan may become a revocable plan; and (k) any prescribed conditions. Conditions applicable to PRPPs (3) A pooled registered pension plan becomes a revocable plan at any time that (a) a contribution is made to the plan other than an amount (i) paid by a member of the plan, (ii) paid by an employer or former employer of a member of the plan in respect of the member, or (iii) transferred to the plan in accordance with any of subsections (21), 146(16) and (21), 146.3(14) and (14.1), 147(19) and 147.3(1), (4) and (5) to (7); (b) a contribution is made to the plan in respect of a member after the calendar year in which the member attains 71 years of age, other than an amount (i) described in subparagraph (a)(iii), or (ii) if subsection 60.022(1) applies, described in any of subclauses 60(l)(v)(B.2)(II) to (IV) as read in that subsection; (c) a participating employer makes contributions to the plan in a calendar year in respect of a member of the plan in excess of the RRSP dollar limit for the year, except in accordance with a direction by the member; (d) a distribution is made from the plan other than (i) a payment of benefits in accordance with subsection (5), or (ii) a return of contributions (A) if a contribution to the plan has been made as a result of a reasonable error by a member of the plan or a participating employer in relation to the plan and the return of contributions is made to the person who made the contribution no later than December 31 of the year following the calendar year in which the contribution was made, (B) to avoid the revocation of the registration of the plan, (C) to reduce the amount of tax that would otherwise be payable under Part X.1 by a member, or (D) to comply with any requirement under this Act; (e) property is held in connection with the plan that (i) the administrator knew or ought to have known was a restricted investment for the plan, or (ii) in the case of a designated pooled pension plan, is a share or debt of, or an interest in, a participating employer of the plan or any person or partnership that does not deal at arm’s length with a participating employer, or an interest (or, for civil law, a right) in, or a right to acquire, such a share, debt or interest; (f) the value of a member’s right under the plan depends on the value of, or income or capital g