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O. Reg. 264/24: GRANTS FOR STUDENT NEEDS - LEGISLATIVE GRANTS FOR THE 2022-2023 SCHOOL BOARD FISCAL YEAR

filed June 25, 2024 under Education Act, R.S.O. 1990, c. E.2

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ontario regulation 264/24

made under the

Education Act

Made: May 30, 2024
Filed: June 25, 2024
Published on e-Laws: June 25, 2024
Published in The Ontario Gazette: July 13, 2024

Amending O. Reg. 396/22

(GRANTS FOR STUDENT NEEDS - LEGISLATIVE GRANTS FOR THE 2022-2023 SCHOOL BOARD FISCAL YEAR)

1. Section 59 of Ontario Regulation 396/22 is amended by adding the following subsections:

(3) If, on August 31, 2026, the board has not spent all of the amount determined under subsection (1) for the purposes of school renewal expenditures, the Minister may deduct all or part of the unspent amount from a school renewal allocation that would otherwise be payable to the board under a future legislative grant regulation.

(4) If the board has not spent all of the amount determined under subsection (1) but has entered into a binding agreement to spend all or part of the amount for the purposes of school renewal expenditures, the amount the board agreed to spend under the agreement is deemed to have been spent for the purposes of subsection (3).

(5) In this section,

“school renewal expenditure” has the same meaning as in section 1 of Ontario Regulation 193/10 (Restricted Purpose Revenues) made under the Act.

2. (1) Paragraph 15 of subsection 61 (1) of the Regulation is revoked.

(2) Section 61 of the Regulation is amended by adding the following subsections:

(4) If, on August 31, 2026, the board has not spent all of the amount determined under subsection (1) for the purposes of school condition improvement expenditures, the Minister may deduct all or part of the unspent amount from a school condition improvement amount that would otherwise be payable to the board under a future legislative grant regulation.

(5) If the board has not spent all of the amount determined under subsection (1) but has entered into a binding agreement to spend all or part of the amount for the purposes of school condition improvement expenditures, the amount the board agreed to spend under the agreement is deemed to have been spent for the purposes of subsection (3).

(6) In this section,

“school condition improvement expenditure” has the same meaning as in subsection 4.1 (2) of Ontario Regulation 193/10 (Restricted Purpose Revenues) made under the Act.

Commencement

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

 

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