Common use of Sources of Funds Clause in Contracts

Sources of Funds. Cash, mutual funds or other investments transferred to the Plan must be qualified investments within the meaning of the Tax Act. All amounts transferred to your MDRIF must come from: • another RRIF or RRSP you own; • an RRSP or RRIF of which your spouse or former spouse is an owner, as part of a judgment of a competent tribunal or written separation agreement relating to the division of property following marriage breakdown; • another RRIF, RRSP or registered pension plan if the money is an amount described in subparagraph 60(l) (v) of the Tax Act; • a specified pension plan in the circumstances permitted by subsection 146 (21) of the Tax Act; or • other sources that may be permitted from time to time by the Tax Act. Where required, a transfer from a registered pension plan to a RIF as a result of the death of your spouse must not include any amount that is actuarial surplus. All amounts transferred into your MD LIF, LRIF, Saskatchewan PRRIF or Federal RLIF must be locked-in, meaning that your access to them is restricted by applicable pension legislation and must comply with applicable tax legislation. Funds transferred to your MD LIF, LRIF or Saskatchewan PRRIF must come from: • a registered pension plan of which you are a member or former member; • an LRSP or LIRA you own; • a registered pension plan, LRSP, LIRA or LIF of which your former spouse is a member, former member or owner as part of a judgment of a competent tribunal or written separation agreement relating to the division of property following marriage breakdown; • a registered pension plan of which your spouse was a member, as a result of the death of your spouse; • other sources that may be permitted as stipulated in paragraph 146.3 (2) (f) of the Tax Act from time to time; • a specified pension plan in the circumstances permitted by subsection 146 (21) of the Tax Act; • if you hold an MD LIF, another LIF you own or, if allowed under applicable pension legislation, from an LRIF you own; • if you hold an MD LRIF, another LRIF you own or, if allowed under applicable pension legislation, from a LIF you own; or • if you hold an MD LIF or LRIF, an LRSP, LIRA, registered pension plan, or a LIF or LRIF, as may be allowed under applicable pension legislation, under the circumstances described in subparagraph 60(l)(v) of the Tax Act.

Sources of Funds. Cash, mutual funds or other investments transferred to the Plan must be qualified investments within the meaning of the Tax Act. All amounts transferred to your MDRIF MDFM RIF must come from: • another RRIF or RRSP you own; • an RRSP or RRIF of which your spouse or former spouse is an owner, as part of a judgment of a competent tribunal or written separation agreement relating to the division of property following marriage breakdown; • another RRIF, RRSP or registered pension plan if the money is an amount described in subparagraph 60(l) (v) of the Tax Act; • a specified pension plan in the circumstances permitted by subsection 146 (21) of the Tax Act; or • other sources that may be permitted from time to time by the Tax Act. Where required, a transfer from a registered pension plan to a RIF as a result of the death of your spouse must not include any amount that is actuarial surplus. All amounts transferred into your MD MDFM LIF, LRIF, Saskatchewan PRRIF or Federal RLIF must be locked-in, meaning that your access to them is restricted by applicable pension legislation and must comply with applicable tax legislation. Funds transferred to your MD MDFM LIF, LRIF or Saskatchewan PRRIF must come from: • a registered pension plan of which you are a member or former member; • an LRSP or LIRA you own; • a registered pension plan, LRSP, LIRA or LIF of which your former spouse is a member, former member or owner as part of a judgment of a competent tribunal or written separation agreement relating to the division of property following marriage breakdown; • a registered pension plan of which your spouse was a member, as a result of the death of your spouse; • other sources that may be permitted as stipulated in paragraph 146.3 (2) (f) of the Tax Act from time to time; • a specified pension plan in the circumstances permitted by subsection 146 (21) of the Tax Act; • if you hold an MD MDFM LIF, another LIF you own or, if allowed under applicable pension legislation, from an LRIF you own; • if you hold an MD MDFM LRIF, another LRIF you own or, if allowed under applicable pension legislation, from a LIF you own; or • if you hold an MD MDFM LIF or LRIF, an LRSP, LIRAXXXX, registered pension plan, or a LIF or LRIF, as may be allowed under applicable pension legislation, under the circumstances described in subparagraph 60(l)(v) of the Tax Act. A transfer to your MDFMLIF or LRIF from a registered pension plan of which you are a member or former member or from an LRSP or LIRA that you own may require the written consent of your spouse.

Sources of Funds. Cash, mutual funds or other investments transferred to the Plan must be qualified investments within the meaning of the Tax Actapplicable tax legislation. All amounts transferred to your MDRIF Scotia Self-Directed RIF must come from: • another RRIF or RRSP you own; • an RRSP or RRIF of which your spouse or former spouse is an owner, as part of a judgment judgement of a competent tribunal or written separation agreement relating to the division of property following marriage breakdown; • another RRIF, RRSP or registered pension plan if the money is an amount described in subparagraph 60(l) (v) of the Tax Act; • a specified pension plan in the circumstances permitted by subsection 146 (21) of the Tax Act; or • other sources that may be permitted from time to time by the Tax Actapplicable tax legislation. Where required, a transfer from a registered pension plan to a RIF as a result of the death of your spouse must not include any amount that is actuarial surplus. All amounts transferred into your MD Scotia Self-Directed LIF, LRIF, Saskatchewan PRRIF or Federal RLIF must be locked-in, meaning that your access to them is restricted by applicable pension legislation and must comply with applicable tax legislation. Funds transferred to your MD Scotia Self-Directed LIF, LRIF or Saskatchewan PRRIF must come from: • a registered pension plan of which you are a member or former member; • an LRSP or LIRA you own; • a registered pension plan, LRSP, LIRA or LIF of which your former spouse is a member, former member or owner as part of a judgment of a competent tribunal or written separation agreement relating to the division of property following marriage breakdown; • a registered pension plan of which your spouse was a member, as a result of the death of your spouse; • other sources that may be permitted as stipulated in paragraph 146.3 (2) (f) of the Tax Act from time to time; • a specified pension plan in the circumstances permitted by subsection 146 (21) of the Tax Act; • if you hold an MD a Scotia Self-Directed LIF, another LIF you own or, if allowed under applicable pension legislation, from an a LRIF you own; • if you hold an MD a Scotia Self-Directed LRIF, another LRIF you own or, if allowed under applicable pension legislation, from a LIF you own; or • if you hold an MD a Scotia Self-Directed LIF or LRIF, an LRSP, LIRA, registered pension plan, or a LIF or LRIF, as may be allowed under applicable pension legislation, under the circumstances described in subparagraph 60(l)(v) of the Tax Act.. A transfer to your Scotia Self-Directed LIF or LRIF from a registered pension plan of which you are a member or former member or from an LRSP or LIRA that you own may require the written consent of your spouse. Scotia iTRADE® (Order-Execution Only Accounts) is a division of Scotia Capital Inc. (“SCI”). SCI is a member of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund. Scotia iTRADE does not provide investment advice or recommendations and investors are responsible for their own investment decisions. 897 3717 (06/16) ®Registered trademark of The Bank of Nova Scotia. Used under license. Declaration of Trust (continued)

Sources of Funds. Cash, mutual funds or other investments transferred to the Plan must be qualified investments within the meaning of the Tax Actapplicable tax legislation. All amounts transferred to your MDRIF Scotia Self-Directed RSP must come from: • another RRSP or RRIF or RRSP you own; • an RRSP or RRIF of which your spouse or former spouse is an owner, as part of a judgment of a competent tribunal or written separation agreement relating to the division of property following marriage breakdown; • another RRIFRRSP, RRSP RRIF or registered pension plan if the money is an amount described in subparagraph 60(l60 (l) (v) of the Tax Act; • a specified pension plan in the circumstances permitted by subsection 146 (21) of the Tax Act; or • other sources that may be permitted from time to time by the Tax Act. Where required, a transfer from a registered pension plan to a RIF as a result of the death of your spouse must not include any amount that is actuarial surplusapplicable tax legislation. All amounts transferred into your MD LIFScotia Self-Directed LRSP, LRIF, Saskatchewan PRRIF LIRA or Federal RLIF RLSP must be locked-in, meaning that your access to them is restricted by applicable pension legislation and must comply with applicable tax legislation. Funds transferred to your MD LIF, LRIF or Saskatchewan PRRIF Scotia Self-Directed LRSP must come from: • another LRSP or LIF you own; • a registered pension plan of which you are a member or former member; • an LRSP or LIRA you own; • a registered pension plan, LRSP, LIRA LRSP or LIF of which your spouse or former spouse is a member, former member or owner owner, as part of a judgment of a competent tribunal or written separation agreement relating to the division of property following marriage breakdown; • a registered pension plan of which your spouse was a member, as a result of the death of your spouse; • other sources that may be permitted as stipulated another LRSP, LIF or registered pension plan under the circumstances described in paragraph 146.3 subparagraph 60 (2l) (fv) of the Tax Act Act; or • an immediate or deferred life annuity, the capital of which originates from time a registered pension plan. Funds transferred to timeyour Scotia Self-Directed LIRA must come from: • another LIRA, LRSP, LRIF or LIF you own; • a registered pension plan of which you are a member or former member; 897 1218 (06/16) Scotia iTRADE® (Order-Execution Only Accounts) is a division of Scotia Capital Inc. (“SCI”). SCI is a member of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund. Scotia iTRADE does not provide investment advice or recommendations and investors are responsible for their own investment decisions. ®Registered trademark of The Bank of Nova Scotia. Used under license. • a registered pension plan, LIRA, LRSP, LRIF or LIF of which your spouse or former spouse is a member, former member or owner, as part of a judgment of a competent tribunal or written separation agreement relating to the division of property following marriage breakdown; • a registered pension plan of which your spouse was a member, as a result of the death of your spouse; • another LIRA, LRSP, LRIF, LIF or registered pension plan under the circumstances described in subparagraph 60 (l) (v) of the Tax Act; • an immediate or deferred life annuity, the capital of which originates from a registered pension plan; • a specified pension plan in the circumstances permitted by subsection 146 (21) of the Tax Act; or • if you hold an MD LIF, another LIF you own or, if allowed under any other source that may be permitted by the applicable tax and pension legislation, from an LRIF you own; • if you hold an MD LRIF, another LRIF you own or, if allowed under applicable pension legislation, from a LIF you own; or • if you hold an MD LIF or LRIF, an LRSP, LIRA, registered pension plan, or a LIF or LRIF, as may be allowed under applicable pension legislation, under the circumstances described in subparagraph 60(l)(v) of the Tax Act.

Sources of Funds. Cash, mutual funds or other investments transferred to the Plan must be qualified investments within the meaning of the Tax Actapplicable tax legislation. All amounts transferred to your MDRIF Scotia RSP must come from: • another RRSP or RRIF or RRSP you own; • an a RRSP or RRIF of which your spouse or former spouse is an owner, as part of a judgment of a competent tribunal or written separation agreement relating to the division of property following marriage breakdown; • another RRIFRRSP, RRSP RRIF or registered pension plan if the money is an amount described in subparagraph 60(l60 (1) (v) of the Tax Act; • a specified provincial pension plan in the circumstances permitted by subsection 146 (21) of the Tax Act; or • other sources that may be permitted from time to time by the Tax Act. Where required, a transfer from a registered pension plan to a RIF as a result of the death of your spouse must not include any amount that is actuarial surplusapplicable tax legislation. All amounts transferred into your MD LIFScotia LRSP, LRIF, Saskatchewan PRRIF LIRA or Federal RLIF RLSP must be locked-in, meaning that your access to them is restricted by applicable pension legislation and must comply with applicable tax legislation. Funds transferred to your MD LIF, LRIF or Saskatchewan PRRIF Scotia LRSP must come from: • another LRSP or LIF you own; • a registered pension plan of which you are a member or former member; • an LRSP or LIRA you own; • a registered pension plan, LRSP, LIRA LRSP or LIF of which your spouse or former spouse is a member, former member or owner owner, as part of a judgment of a competent tribunal or written separation agreement relating to the division of property following marriage breakdown; • a registered pension plan of which your spouse was a member, as a result of the death of your spouse; • other sources that may be permitted as stipulated another LRSP, LIF or registered pension plan under the circumstances described in paragraph 146.3 subparagraph 60 (21) (f) of the Tax Act from time to time; • a specified pension plan in the circumstances permitted by subsection 146 (21v) of the Tax Act; or • if you hold an MD LIFimmediate or deferred life annuity, the capital of which originates from a registered pension plan. Funds transferred to your Scotia LIRA must come from: • another LIRA, LRSP, LRIF or LIF you own or, if allowed under applicable pension legislation, from an LRIF you own; • if a registered pension plan of which you hold an MD LRIF, another LRIF you own or, if allowed under applicable pension legislation, from are a LIF you ownmember or former member; or • if you hold an MD LIF or LRIF, an LRSP, LIRA, a registered pension plan, LIRA, LRSP, LRIF or LIF of which your spouse or former spouse is a member, former member or owner, as part of a judgment of a competent tribunal or written separation agreement relating to the division of property following marriage breakdown; • a registered pension plan of which your spouse was a member, as a result of the death of your spouse; • another LIRA, LRSP, LRIF, LIF or LRIF, as may be allowed under applicable registered pension legislation, plan under the circumstances described in subparagraph 60(l)(v) of the Tax Act.60 (1)