Chapter 12. RDSP Grant and bond revocation request

12.1.1 Who is involved

The process of initiating a grant and bond revocation request includes the participation of the following individuals the:

• holder
• financial institution

RDSP holders complete, sign and return the revocation form to the financial institution.

The financial institution submits a request to Employment and Social Development Canada (ESDC) to stop bond and will not request a grant on contributions.

If the holder wishes to resume the payments of grants or bond in the plan, they must complete, sign, and submit a new application for CDSG or CDSB to the financial institution.

12.2.1 How to fill out the form

The holder must check the boxes at the top of the form to indicate that they wish to revoke the request for the grant, bond, or both.

Enter the following information on page 1 of the form.

1. Plan holder(s):
   • last name
   • first name
   • address, postal code
   • telephone number
2. Beneficiary:
   • last name
   • first name
   • social insurance number
3. Issuer:
   • issuer name
   • address, postal code
   • telephone number
   • RDSP contract number

The holder must read carefully and understand the terms on page 2.

• Conditions
• Your privacy rights
• Declaration and consent of the holder

The holder signs the "declaration and consent of the holder" section at the bottom of page 2. Each RDSP issuer determines the number of copies requiring original signatures.

For the form to work properly (including digital signatures), you must first save it on your computer, next reopen it with Adobe Acrobat Reader to add information. Then save it once completed.