O. Reg. 338/12: GENERAL

 

ontario regulation 338/12

made under the

Assessment Act

Made: November 5, 2012
Filed: November 5, 2012
Published on e-Laws: November 6, 2012
Printed in The Ontario Gazette: November 24, 2012

Amending O. Reg. 282/98

(GENERAL)

1. Ontario Regulation 282/98 is amended by adding the following section:

41. (1) For the 2013, 2014, 2015 and 2016 taxation years, the assessed value of a pipe line shall be determined as follows:

1. The length of the pipe line in feet shall be multiplied by the applicable rate in Table 1, 2 or 3 of Part X.  Table 1 applies to offshore pipe lines.  Table 2 applies to plastic field gathering pipe lines and plastic distribution pipe lines. Table 3 applies to other pipe lines.

2. The amount determined under paragraph 1 shall be depreciated by reducing the amount by the applicable percentage in Table 4 for offshore pipe lines and in Table 5 for plastic field gathering pipe lines, plastic gas distribution pipe lines and other pipe lines.

3. After the reduction under paragraph 2, $250 shall be added for each connection to an end user.

(2) If Table 1, 2 or 3 applies, but the outside diameter of the pipe line is not included in the Table, the applicable rate for the purposes of paragraph 1 of subsection (1) is the rate for the closest outside diameter or range of outside diameter that is included in the Table.

2. Sections 41.1 and 41.2 of the Regulation are revoked.

3. Part X of the Regulation is revoked and the following substituted:

Part X
Tables re assessment of pipe lines

TABLE 1
OFFSHORE PIPE LINES — 2013 to 2016 taxation years

Outside Diameter (in inches)	Rate (in dollars per foot)
1	4.77
1.25 to 1.5	8.08
2 to 2.5	13.16
3	19.11
4 to 4.5	21.43
5 to 55/8	23.54
6 to less than 8	28.05
8	39.94

Table 2
PLASTIC FIELD GATHERING PIPE LINES AND PLASTIC GAS DISTRIBUTION PIPE LINES — 2013 to 2016 taxation years

Outside Diameter (in inches)	Rate (in dollars per foot)
0.5	4.18
1	5.02
1.25 to 1.5	5.87
2 to 2.5	7.56
3	12.15
4 to 4.5	14.63
6 to less than 8	31.10
8	38.83

Table 3
PIPE LINES OTHER THAN those TO WHICH TABLE 1 OR 2 APPLies — 2013 to 2016 taxation years

Outside Diameter (in inches)	Rate (in dollars per foot)
0.75 to 1.0	12.40
1.25 to 1.5	14.70
2 to 2.5	17.33
3	24.82
4 to 4.5	28.89
5 to 55/8	32.96
6 to 65/8	37.21
8	48.00
10	56.77
12	72.83
14	89.06
16	116.83
18	139.61
20	154.82
22	183.46
24	216.85
26	243.36
28	285.60
30	303.09
32	352.90
34	388.68
36	420.37
38	456.82
40	490.57
42	535.93
44	589.13
46	642.74
48	672.59

Table 4
DEPRECIATION RATES for OFFSHORE PIPE LINES — 2013 to 2016 taxation years

Year of Installation of Pipe Line	Percentage Reduction
1981 or earlier	80
1982	79
1983	78
1984	76
1985	75
1986	73
1987	72
1988	71
1989	70
1990	68
1991	67
1992	66
1993	65
1994	63
1995	62
1996	61
1997	59
1998	57
1999	57
2000	56
2001	54
2002	52
2003	51
2004	49
2005	44
2006	39
2007	33
2008	27
2009	21
2010	15
2011	10
2012	5
2013	0

Table 5
PIPE LINES OTHER THAN those TO WHICH TABLE 4 APPLIES — 2013 to 2016 taxation years

Year of Installation of Pipe Line	Percentage Reduction
1944 or earlier	80
1945	79
1946	78
1947	78
1948	78
1949	76
1950	76
1951	75
1952	75
1953	74
1954	73
1955	73
1956	73
1957	71
1958	71
1959	70
1960	69
1961	69
1962	68
1963	68
1964	67
1965	66
1966	65
1967	65
1968	64
1969	64
1970	63
1971	62
1972	61
1973	61
1974	60
1975	60
1976	59
1977	58
1978	57
1979	57
1980	56
1981	56
1982	55
1983	55
1984	54
1985	53
1986	52
1987	52
1988	51
1989	50
1990	49
1991	47
1992	44
1993	42
1994	40
1995	37
1996	35
1997	32
1998	30
1999	27
2000	24
2001	22
2002	20
2003	18
2004	16
2005	14
2006	12
2007	10
2008	8
2009	8
2010	7
2011	4
2012	2
2013	0

Commencement

4. This Regulation comes into force January 1, 2013.

Made by:

Dwight Douglas duncan

Minister of Finance

Date made: November 5, 2012.