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O. Reg. 177/00: PART XXII.1 OF THE ACT - CAPPING OF TAXES FOR CERTAIN PROPERTY CLASSES FOR 1998, 1999 AND 2000

filed March 13, 2000 under Municipal Act, R.S.O. 1990, c. M.45

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ONTARIO REGULATION 177/00

made under the

Municipal Act

Made: March 9, 2000
Filed: March 13, 2000

Amending O. Reg. 434/98

(Part XXII.1 of the Act — Capping of Taxes for Certain Property Classes for 1998, 1999 and 2000)

Note: Since the end of 1998, Ontario Regulation 434/98 has been amended by Ontario Regulations 380/99 and 603/99.  Previous amendments are listed in the Table of Regulations in the Statutes of Ontario, 1998.

1. Section 7 of Ontario Regulation 434/98 is amended by adding the following subsection:

(2) Property in the professional sports facility property class is exempt from Part XXII.1 of the Act with respect to the 2000 taxation year.

Ernie Eves

Minister of Finance

Dated on March 9, 2000.