O. Reg. 423/02: PAYMENTS IN LIEU OF TAXES, DISTRIBUTION
filed December 20, 2002 under Municipal Act, R.S.O. 1990, c. M.45Skip to content
ontario regulation 423/02
made under the
Made: December 20, 2002
Filed: December 20, 2002
Printed in The Ontario Gazette: January 4, 2003
Amending O. Reg. 382/98
(Payments in Lieu of Taxes, Distribution)
1. (1) Section 3 of Ontario Regulation 382/98 is amended by adding the following subsection:
(1.2) A local municipality that is eligible to receive a payment in lieu of taxes paid under subsection 4 (3) of the Municipal Tax Assistance Act in respect of any property for a year shall distribute the amount in accordance with subsection (4) and the formula in subsection (2).
(2) Paragraph 1 of subsection 3 (3) of the Regulation is revoked and the following substituted:
1. Subsection 4 (3) of the Municipal Tax Assistance Act.
Minister of Finance
Dated on December 20, 2002.