O. Reg. 438/22: GENERAL
filed April 27, 2022 under Development Charges Act, 1997, S.O. 1997, c. 27
Skip to contentontario regulation 438/22
made under the
Development charges Act, 1997
Made: April 14, 2022
Filed: April 27, 2022
Published on e-Laws: April 27, 2022
Printed in The Ontario Gazette: May 14, 2022
Amending O. Reg. 82/98
(General)
1. Subsection 12 (3) of Ontario Regulation 82/98 is amended by adding the following paragraphs:
2. For each service for which a development charge is collected during the year,
i. whether, as of the end of the year, the municipality expects to incur the amount of capital costs that were estimated, in the relevant development charge background study, to be incurred during the term of the applicable development charge by-law, and
ii. if the answer to subparagraph i is no, the amount the municipality now expects to incur and a statement as to why this amount is expected.
3. For any service for which a development charge was collected during the year but in respect of which no money from a reserve fund was spent during the year, a statement as to why there was no spending during the year.
Commencement
2. This Regulation comes into force on the day it is filed.