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O. Reg. 213/05: TAX MATTERS - TAX RATES FOR SCHOOL PURPOSES

filed May 17, 2005 under Education Act, R.S.O. 1990, c. E.2

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ontario regulation 213/05

made under the

education act

Made: May 13, 2005
Filed: May 17, 2005
Printed in The Ontario Gazette: June 4, 2005

Amending O. Reg. 400/98

(Tax Matters — Tax Rates for School Purposes)

1. (1) Paragraph 1 of subsection 9 (8) of Ontario Regulation 400/98 is amended by inserting “other than the condominium resort property class” after “For the commercial classes”.

(2) Subsection 9 (8) of the Regulation is amended by adding the following paragraph:

1.1 For the condominium resort property class, the annual tax rate is the tax rate set out in subsection 1 (1) for residential property.

(3) Section 9 of the Regulation is amended by adding the following subsection:

(9.1) For the purposes of subsection (9), the resort condominium property class shall be deemed not to be included in the commercial classes.

Made by:

Gregory Sorbara

Minister of Finance

Date made: May 13, 2005.