O. Reg. 330/16: REAL PROPERTY OWNED BY THE LIQUOR CONTROL BOARD OF ONTARIO

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ontario regulation 330/16

made under the

Trillium Trust Act, 2014

Made: July 19, 2016
Approved: August 24, 2016
Filed: October 3, 2016
Published on e-Laws: October 4, 2016
Printed in The Ontario Gazette: October 22, 2016

Real property owned by the liquor control board of ontario

Designation

1. The following assets are designated as qualifying assets for the purposes of the Act:

1. Real property owned by the Liquor Control Board of Ontario in the City of Toronto at the addresses known municipally as 95 Lake Shore Boulevard East, 15 Freeland Street and 8 and 15 Cooper Street.

Application

2. This Regulation applies with respect to the following assets:

1. The real property owned by the Liquor Control Board of Ontario described in paragraph 3 of subsection 3 (1) of the Act.

2. The real property owned by the Liquor Control Board of Ontario designated in section 1 of this Regulation.

Amount to be credited

3. For the purposes of section 6 of the Act, the following amount in connection with the disposition of the assets is to be credited to the Trillium Trust promptly after this section comes into force:

1. $246,215,325, being 100 per cent of the designated proceeds of disposition, as determined under section 4 of the Act.

Designated proceeds of disposition — s. 4 of the Act

4. For the purposes of paragraph 2 of section 4 of the Act, $3,553,741 is prescribed as the amount of costs incurred by the Crown in connection with the disposition.

Commencement

5. This Regulation comes into force on the day it is filed.

Made by:
Pris par :

Treasury Board:
Le Conseil du Trésor :

Elizabeth Sandals

President of the Treasury Board

Greg Orencsak

Secretary, Treasury Board /
Management Board of Cabinet

Date made: July 19, 2016
Pris le : 19 juillet 2016

 

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