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O. Reg. 481/97: RECOVERY OF COSTS OF THE TORONTO AREA TRANSIT OPERATING AUTHORITY
under Toronto Area Transit Operating Authority Act, R.S.O. 1990, c. T.13
Skip to content| revoked or spent December 5, 2008 | |
| December 14, 1998 – December 4, 2008 |
Toronto Area Transit Operating Authority Act
Loi sur la Régie des transports en commun de la région de Toronto
ONTARIO REGULATION 481/97
RECOVERY OF COSTS OF THE TORONTO AREA TRANSIT OPERATING AUTHORITY
Note: This Regulation was revoked on December 5, 2008. See: O. Reg. 426/08, ss. 1, 2.
Last amendment: O. Reg. 426/08.
This Regulation is made in English only.
1. (1) For the purpose of subsection 8 (1) of the Act, a billing period shall be one calendar month. O. Reg. 481/97, s. 1 (1).
(2) Revoked: O. Reg. 652/98, s. 1.
2. (1) For the purpose of clause 8 (1) (a) of the Act, the amount of the Authority’s costs for each billing period in 1999 shall be a percentage of the Authority’s total subsidy requirement, as set out in the 1998 Budget for the Toronto Area Transit Operating Authority as follows:
1. For January, 8.1 per cent.
2. For February, 7.6 per cent.
3. For March, 8.3 per cent.
4. For April, 8.8 per cent.
5. For May, 9.5 per cent.
6. For June, 10.5 per cent.
7. For July, 7.8 per cent.
8. For August, 6.7 per cent.
9. For September, 8.4 per cent.
10. For October, 9.5 per cent.
11. For November, 6.1 per cent.
12. For December, 8.7 per cent. O. Reg. 652/98, s. 2.
(2) For the purpose of clause 8 (1) (b) of the Act, the corresponding amount to be recovered from the regional municipalities and the City of Toronto for each billing period is the same as the Authority’s costs for that billing period, as set out in subsection (1). O. Reg. 481/97, s. 2 (2).
3. For the purpose of subsection 8 (3) of the Act, the amount of the Authority’s costs to be recovered from the regional municipalities and the City of Toronto shall be allocated among them in accordance with the following formula:
1. 10.6 per cent from The Regional Municipality of Durham.
2. 9.6 per cent from The Regional Municipality of Halton.
3. 3.1 per cent from The Regional Municipality of Hamilton-Wentworth.
4. 15.6 per cent from The Regional Municipality of Peel.
5. 11.2 per cent from The Regional Municipality of York.
6. 49.9 per cent from the City of Toronto. O. Reg. 481/97, s. 3.
4. A notice under section 8.1 of the Act shall be given on or before the date the amount is payable. O. Reg. 458/98, s. 1.