O. Reg. 503/00: ADMINISTRATION OF THE PLAN
filed August 31, 2000 under Ontario New Home Warranties Plan Act, R.S.O. 1990, c. O.31
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made under the
ontario new home warranties plan act
Made: July 27, 2000
Filed: August 31, 2000
Amending Reg. 892 of R.R.O. 1990
(Administration of the Plan)
1. Subparagraph 3 (1) of Schedule A to Regulation 892 of the Revised Regulations of Ontario, 1990 is revoked and the following substituted:
(1) The enrolment fee for every home of a type referred to in clauses (a) and (b) of the definition of “home” in section 1 of the Act is as follows:
|
Sale Price of the Home |
Fee |
|
$100,000 or less |
$380 |
|
over $100,000 up to and including $150,000 |
405 |
|
over $150,000 up to and including $200,000 |
455 |
|
over $200,000 up to and including $250,000 |
505 |
|
over $250,000 up to and including $300,000 |
555 |
|
over $300,000 up to and including $350,000 |
605 |
|
over $350,000 up to and including $400,000 |
655 |
|
over $400,000 up to and including $450,000 |
705 |
|
over $450,000 up to and including $500,000 |
755 |
|
over $500,000 |
805 |
2. This Regulation comes into force on October 1, 2000.
Passed by the Directors on July 27, 2000.
Ontario New Home Warranty Program:
Al Libfeld
Chair
Michael Braid
Secretary
Confirmed by the members in accordance with the Corporations Act on July 27, 2000.
Michael Braid
Secretary