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O. Reg. 71/04: ASSESSMENT OF EXPENSES AND EXPENDITURES

filed March 29, 2004 under Financial Services Commission of Ontario Act, 1997, S.O. 1997, c. 28

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ontario regulation 71/04

made under the

financial services commission of ontario act, 1997

Made: March 26, 2004
Filed: March 29, 2004
Printed in The Ontario Gazette: April 17, 2004

Amending O. Reg. 11/01

(Assessment of Expenses and Expenditures)

1. Paragraph 1 of section 2 of Ontario Regulation 11/01 is revoked and the following substituted:

1. A credit union’s share of the assessment is,

i. $125, if the credit union’s assets are less than $500,000,

ii. $250, if the credit union’s assets are $500,000 or more, but less than $1 million,

iii. $380, if the credit union’s assets are $1 million or more, but less than $5 million,

iv. $550, if the credit union’s assets are $5 million or more, but less than $10 million,

v. $700, if the credit union’s assets are $10 million or more, but less than $15 million,

vi. $870, if the credit union’s assets are $15 million or more, but less than $25 million,

vii. $1,350, if the credit union’s assets are $25 million or more, but less than $35 million,

viii. $2,950, if the credit union’s assets are $35 million or more, but less than $50 million,

ix. $5,950, if the credit union’s assets are $50 million or more, but less than $75 million,

x. $11,250, if the credit union’s assets are $75 million or more, but less than $100 million,

xi. $16,150, if the credit union’s assets are $100 million or more, but less than $500 million,

xii. $23,450, if the credit union’s assets are $500 million or more.