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O. Reg. 265/07: FINANCIAL ACTIVITIES

filed June 15, 2007 under City of Toronto Act, 2006, S.O. 2006, c. 11, Sched. A

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ontario regulation 265/07

made under the

City of toronto act, 2006

Made: June 13, 2007
Filed: June 15, 2007
Published on e-Laws: June 18, 2007
Printed in The Ontario Gazette: June 30, 2007

Amending O. Reg. 610/06

(Financial Activities)

1. Section 3 of Ontario Regulation 610/06 is revoked and the following substituted:

Long-term borrowing

3. The City may for its purposes borrow money to obtain or provide long-term financing for any capital work by,

(a) issuing debentures;

(b) issuing revenue bonds;

(c) entering bank loan agreements.

2. This Regulation comes into force on the day it is filed.