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O. Reg. 343/06: ADMINISTRATION OF THE PLAN

filed June 27, 2006 under Ontario New Home Warranties Plan Act, R.S.O. 1990, c. O.31

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ontario regulation 343/06

made under the

onTario new Home warranties plan act

Made: March 28, 2006
Filed: June 27, 2006
Published on e-Laws: June 28, 2006
Printed in The Ontario Gazette: July 15, 2006

Amending Reg. 892 of R.R.O. 1990

(Administration of the Plan)

1. (1) Clauses 6 (3) (a) and (b) of Regulation 892 of the Revised Regulations of Ontario, 1990 are revoked and the following substituted:

(a) $100,000 if the claim relates to a purchase agreement, or a construction contract, entered into before September 1, 2004 and under which the home has a date of possession before July 1, 2006;

(b) $150,000 if the claim relates to a purchase agreement, or a construction contract, entered into on or after September 1, 2004 and under which the home has a date of possession before July 1, 2006; or

(c) $300,000 if the claim relates to purchase agreement, or a construction contract, under which the home has a date of possession on or after July 1, 2006.

(2) Clauses 6 (4) (a) and (b) of the Regulation are revoked and the following substituted:

(a) $100,000 if the claim relates to a purchase agreement, or a construction contract, entered into before September 1, 2004 and under which the condominium dwelling unit, excluding common elements, has a date of possession before July 1, 2006;

(b) $150,000 if the claim relates to a purchase agreement, or a construction contract, entered into on or after September 1, 2004 and under which the condominium dwelling unit, excluding common elements, has a date of possession before July 1, 2006; or

(c) $300,000 if the claim relates to a purchase agreement, or a construction contract, under which the condominium dwelling unit, excluding common elements, has a date of possession on or after July 1, 2006.

2. This Regulation comes into force on July 1, 2006.

Made by:
Pris par :

Tarion Warranty Corporation:

Le président,

R. E. Wade

Chairman

Le secrétaire de la Société,

Alex W. MacFarlane

Corporate Secretary

Date made by the directors: March 28, 2006.
Pris par les administrateurs le : 28 mars 2006.

Date confirmed by the members in accordance with the Corporations Act: March 28, 2006.
Ratifié par les membres conformément à la Loi sur les personnes morales le : 28 mars 2006.

Le secrétaire de la Société,

Alex W. MacFarlane

Corporate Secretary

Date certified: June 26, 2006.
Attesté le : 26 juin 2006.

 

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