VIII, s. 87(3)](b)both the policyholder and the transferee are resident in Canada at the time of the transfer,
(i)the policyholder’s spouse or common-law partner, or(ii)a former spouse or common-law partner of the policyholder in settlement of rights arising out of their marriage or common-law partnership, and(iii)[Repealed, 1994, c. 7, Sch