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Trillium Trust Act, 2014

ONTARIO REGULATION 387/17

HYDRO ONE BRAMPTON NETWORKS INC. - VOTING SECURITIES

Note: This Regulation was revoked on April 1, 2019.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 voting securities of Hydro One Brampton Networks Inc. mentioned in paragraph 2 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. $107,895,399, 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 purposes of paragraph 2 of section 4 of the Act, $1,384,553 is prescribed as the amount of costs incurred by the Crown in connection with the disposition.

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

 

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