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O. Reg. 84/16: INVESTMENT AGREEMENTS - PRESCRIBED ADDITIONAL PERSONS OR BODIES UNDER CLAUSE 420 (2) (A) OF THE ACT

under Municipal Act, 2001, S.O. 2001, c. 25

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current March 30, 2016 (e-Laws currency date)

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Municipal Act, 2001

ONTARIO REGULATION 84/16

INVESTMENT AGREEMENTS - PRESCRIBED ADDITIONAL PERSONS OR BODIES UNDER CLAUSE 420 (2) (A) OF THE ACT

Consolidation Period:  From March 30, 2016 to the e-Laws currency date.

No amendments.

This is the English version of a bilingual regulation.

Additional persons or bodies

1. The following are prescribed, for the purposes of clause 420 (2) (a) of the Act, as additional persons or bodies with which a municipality may enter into investment agreements:

1. A local board as defined in section 1 of the Municipal Affairs Act, other than a school board.

2. A foundation established by a college established under the Ontario Colleges of Applied Arts and Technology Act, 2002 whose purposes include receiving and maintaining a fund or funds for the benefit of the college.

3. An agent of a local board described in paragraph 1 or of a foundation described in paragraph 2.

2. Omitted (revokes other Regulations).

3. Omitted (provides for coming into force of provisions of this Regulation).

 

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