O. Reg. 496/97: RESERVE FOR WORKING FUNDS LIMIT, Education Act, R.S.O. 1990, c. E.2
Education Act
ONTARIO REGULATION 496/97
Amended to O. Reg. 239/06
RESERVE FOR WORKING FUNDS LIMIT
Note: This Regulation was revoked on May 30, 2006. See: O. Reg. 239/06, s. 1.
This is the English version of a bilingual regulation.
1. The maximum amount that a district school board may provide for a reserve for working funds for the period January 1, 1998 to August 31, 1998 is 5 per cent of the amount estimated by the board as its revenue fund expenditures for the period January 1, 1998 to August 31, 1998. O. Reg. 496/97, s. 1.
2. Omitted (provides for coming into force of provisions of this Regulation). O. Reg. 496/97, s. 2.