O. Reg. 514/00: TAX MATTERS - TRANSITION RATIOS AND AVERAGE TRANSITION RATIOS

 

ONTARIO REGULATION 514/00

made under the

Municipal Act

Made: September 12, 2000
Filed: September 13, 2000

Amending O. Reg. 385/98

(Tax Matters — Transition Ratios and Average Transition Ratios)

1. Section 1 of Ontario Regulation 385/98 is amended by adding the following subsections:

(3) For the purposes of subsection 363 (7) of the Act, the transition ratio for 2000 for the professional sports facility property class in The Regional Municipality of Ottawa-Carleton is 1.9577.

(4) For the purposes of subsection 363 (7) of the Act, the transition ratio for 2000 for the industrial property class in the Township of Sioux Narrows is 1.2705.

(5) For the purposes of subsection 363 (7) of the Act, the transition ratio in the Town of Thessalon for 2000 for the industrial property class is 1.3093 and for the large industrial property class is 2.1911.

Ernie Eves

Minister of Finance

Dated on September 12, 2000.