Financial Administration Act

ONTARIO REGULATION 591/17

NON-CASH EXPENSES

Historical version for the period December 28, 2017 to April 19, 2018.

No amendments.

This is the English version of a bilingual regulation.

Definition

1. In this Regulation,

“business day” means Monday to Friday, excluding holidays.

Non-cash expenses

2. For the purpose of the definition of “non-cash expense” in subsection 1 (1) of the Act, the following item is prescribed as a non-cash expense:

disposition of certain electricity-related assets below market

1. An imputed subsidy arising when a disposition of a security, debt obligation or any other interest is made under Part IV of the Electricity Act, 1998 at a price less than the closing price at which it publicly trades on the business day before the disposition. This paragraph does not apply to a disposition made through a public offering.

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