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O. Reg. 93/08: TRADITIONAL MUNICIPAL TAXES, LIMITS AND COLLECTION

filed April 16, 2008 under City of Toronto Act, 2006, S.O. 2006, c. 11, Sched. A

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ontario regulation 93/08

made under the

city of toronto act, 2006

Made: April 15, 2008
Filed: April 16, 2008
Published on e-Laws: April 21, 2008
Printed in The Ontario Gazette: May 3, 2008

Amending O. Reg. 121/07

(Traditional Municipal Taxes, Limits and Collection)

1. The Table to section 2 of Ontario Regulation 121/07 is amended by adding the following item:

 

Residual commercial property class

0.6 to 1.1

2. The Regulation is amended by adding the following section:

Transition ratio for residual commercial property class

2.1 For the purposes of subsection 275 (8) of the Act, the transition ratio for the residual commercial property class for the 2008 taxation year is 3.67373.

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

Made by:

Dwight Douglas Duncan

Minister of Finance

Date made: April 15, 2008.