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O. Reg. 30/07: Payments in Lieu of Corporate Taxes
filed February 9, 2007 under Electricity Act, 1998, S.O. 1998, c. 15, Sched. A
Skip to contentontario regulation 30/07
made under the
Electricity Act, 1998
Made: February 6, 2007
Filed: February 9, 2007
Published on e-Laws: February 12, 2007
Printed in The Ontario Gazette: February 24, 2007
Amending O. Reg. 207/99
(Payments in Lieu of Corporate Taxes)
1. Section 4 of Ontario Regulation 207/99 is revoked and the following substituted:
4. (1) Subject to subsection (2), sections 150 to 180 and 220 to 244 of the Federal Act do not apply in calculating the amount of a payment required under section 89 of the Act.
(2) Subsection 237.1 (6) of the Federal Act applies in calculating the amount of a payment required under section 89 of the Act for taxation years ending after February 9, 2007.
Made by:
Gregory Sorbara
Minister of Finance
Date made: February 6, 2007.