O. Reg. 91/18: REAL PROPERTY OWNED BY ONTARIO POWER GENERATION INC.
under Trillium Trust Act, 2014, S.O. 2014, c. 7, Sched. 32
Skip to content| revoked or spent April 1, 2019 | |
| December 6, 2018 – March 31, 2019 | |
| March 8, 2018 – December 5, 2018 |
Trillium Trust Act, 2014
REAL PROPERTY OWNED BY ONTARIO POWER GENERATION INC.
Note: This Regulation was revoked on April 1, 2019. (See: 2018, c. 17, Sched. 43, s. 3)
Last amendment: 2018, c. 17, Sched. 43, s. 3.
Legislative History: 2018, c. 17, Sched. 43, s. 3.
This is the English version of a bilingual regulation.
Application
1. This Regulation applies with respect to real property owned by Ontario Power Generation Inc. mentioned in paragraph 4 of subsection 3 (1) of the Act.
Amount to be credited
2. For the purposes of section 6 of the Act, the following amount in connection with the disposition of the assets is to be credited to the Trillium Trust promptly after this section comes into force:
1. $283,273,808, being 100 per cent of the designated proceeds of disposition, as determined under section 4 of the Act.
Designated proceeds of disposition — s. 4 of the Act
3. For the purpose of paragraph 2 of section 4 of the Act, $100,223,855 is prescribed as the amount of costs incurred by Ontario Power Generation Inc. in connection with the disposition.
4. Omitted (provides for coming into force of provisions of this Regulation).