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O. Reg. 137/00: ELIGIBLE INVESTMENTS
filed February 18, 2000 under Education Act, R.S.O. 1990, c. E.2
Skip to contentONTARIO REGULATION 137/00
made under the
EDUCATION aCT
Made: February 16, 2000
Filed: February 18, 2000
Amending O. Reg. 471/97
(Eligible Investments)
1. Ontario Regulation 471/97 is amended by adding the following section:
5.1 A board shall not invest money from its general fund, its capital fund or a reserve fund in a security unless,
(a) the money is made repayable on or before the day on which the board requires the money; or
(b) any interest or other earnings from the investment are credited to the fund from which the money was invested.