O. Reg. 72/14: GRANTS FOR STUDENT NEEDS - LEGISLATIVE GRANTS FOR THE 2011-2012 SCHOOL BOARD FISCAL YEAR
filed March 27, 2014 under Education Act, R.S.O. 1990, c. E.2
Skip to contentontario regulation 72/14
made under the
Education Act
Made: March 26, 2014
Filed: March 27, 2014
Published on e-Laws: March 27, 2014
Printed in The Ontario Gazette: April 12, 2014
Amending O. Reg. 160/11
(GRANTS FOR STUDENT NEEDS - LEGISLATIVE GRANTS FOR THE 2011-2012 SCHOOL BOARD FISCAL YEAR)
1. Subsection 3 (1) of Ontario Regulation 160/11 is amended by striking out “subsections 47 (2), 56 (3) and 60 (2)” and substituting “subsections 47 (2), 50 (2), 56 (3) and 60 (2)”.
2. Section 50 of the Regulation is amended by adding the following subsections:
(2) For the purposes of sections 50 to 56, the costs set out in subsection (3) shall only include costs that meet the criteria for capitalizing a tangible capital asset set out in the document entitled “School Board and School Authority Tangible Capital Assets: Provincial Accounting Policies and Implementation Guide”, revised April 2011, which is available as described in subsection 3 (1).
(3) For the purposes of subsection (2), the following are the costs:
1. Any costs referred to in subsection 51 (1) incurred in relation to projects described in subsection 51 (2), (3), (4) or (5).
2. The costs referred to in paragraph 6 of section 53.
3. Any construction costs referred to in subsection 54 (1).
4. Any construction costs referred to in subsection 55 (1).
5. Any construction costs referred to in section 55.1.
6. Any land purchase costs referred to in section 55.2.
7. Any costs referred to in paragraphs 3, 4 and 5 of subsection 56 (1).
3. Paragraph 6 of section 53 of the Regulation is amended by adding “or under paragraph 15 or 16 of subsection 56 (1)” at the end.
Commencement
4. This Regulation comes into force on the day it is filed.