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O. Reg. 267/02: DEBT AND FINANCIAL OBLIGATION LIMITS
filed September 20, 2002 under Municipal Act, R.S.O. 1990, c. M.45
Skip to contentontario regulation 267/02
made under the
municipal act
Made: September 18, 2002
Filed: September 20, 2002
Printed in The Ontario Gazette: October 5, 2002
Amending O. Reg. 799/94
(Debt and Financial Obligation Limits)
1. Paragraph 2 of section 2 of Ontario Regulation 799/94 is revoked and the following substituted:
2. Other financial commitments, liabilities and contractual obligations, for which payment may or will be required beyond the term for which the council was elected, including, without being limited to,
i. lease agreements,
ii. financial commitments to hospitals and universities.
2. Paragraph 1 of subsection 4 (5) of the Regulation is revoked.
40/02