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O. Reg. 90/17: HYDRO ONE LIMITED - VOTING SECURITIES

filed March 30, 2017 under Trillium Trust Act, 2014, S.O. 2014, c. 7, Sched. 32

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ontario regulation 90/17

made under the

Trillium Trust Act, 2014

Made: March 21, 2017
Approved: March 29, 2017
Filed: March 30, 2017
Published on e-Laws: March 31, 2017
Printed in The Ontario Gazette: April 15, 2017

Amending O. Reg. 295/16

(HYDRO ONE LIMITED - VOTING SECURITIES)

1. Section 3 of Ontario Regulation 295/16 is revoked and the following substituted:

Specified dispositions in April 2016

3. (1) This section applies with respect to voting securities that were disposed of on or after April 5, 2016 and before April 30, 2016, other than those that were purchased by Ontario Power Generation Inc.

(2) For the purposes of section 6 of the Act, the following amounts in connection with the disposition of the securities are to be credited to the Trillium Trust:

1. $538,279,037, being 100 per cent of the designated proceeds of disposition, as determined under section 4 of the Act.

(3) For the purposes of paragraph 2 of section 4 of the Act, $40,517,963 is prescribed as the amount of costs incurred by the Crown in connection with the disposition.

Commencement

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

Made by:
Pris par :

Treasury Board:
Le Conseil du Trésor :

Liz Sandals

President of Treasury Board

Helen Angus

Secretary of Treasury Board

Date made: March 21, 2017
Pris le : 21 mars 2017

 

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