Land Transfer Tax Act

R.R.O. 1990, REGULATION 695

EXEMPTION(S) — FOR CERTAIN EASEMENTS GRANTED TO OIL OR GAS PIPE LINES

Consolidation Period:  From September 7, 2012 to the e-Laws currency date.

Last amendment: 256/12.

Legislative History: 256/12.

This is the English version of a bilingual regulation.

1. In this Regulation,

“pipe line company” means a corporation whose principal business is the construction or operation of pipe lines for the transportation of oil, gas or other liquid and gaseous hydrocarbons and products thereof.  R.R.O. 1990, Reg. 695, s. 1.

2. It is determined that any conveyance to or in trust for a pipe line company that conveys only an easement or right of way in, over, under or upon land, or that conveys only the right to acquire such an easement or right of way, and that is made for the purpose of enabling the pipe line company to construct and operate on the land described in the conveyance a pipe line for the transportation of oil, gas or other liquid and gaseous hydrocarbons and products thereof is a class of conveyance to which the Act was not intended to apply, and every person tendering for registration any such conveyance is exempt from the tax imposed by the Act on the tender thereof for registration.  R.R.O. 1990, Reg. 695, s. 2.