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O. Reg. 345/08: Training Completion Assurance Fund and Other Financial Matters

filed September 29, 2008 under Private Career Colleges Act, 2005, S.O. 2005, c. 28, Sched. L

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ontario regulation 345/08

made under the

Private Career Colleges Act, 2005

Made: September 24, 2008
Filed: September 29, 2008
Published on e-Laws: September 30, 2008
Printed in The Ontario Gazette: October 18, 2008

Amending O. Reg. 414/06

(Training Completion Assurance Fund and Other Financial Matters)

1. The definition of “financial statements” in subsection 1 (1) of Ontario Regulation 414/06 is amended by striking out “pro forma” and substituting “forecasted”.

2. Subsection 14 (4) of the Regulation is amended by striking out “the amount of the college’s annual premium for the same fiscal year, as determined in accordance with section 26” and substituting “the amount determined under clause 26 (3) (b) for the same fiscal year”.

3. (1) Clause 21 (1) (a) of the Regulation is amended by striking out “prepared” and substituting “compiled, reviewed or audited”.

(2) Clause 21 (1) (b) of the Regulation is amended by striking out “prepared” and substituting “compiled, reviewed or audited”.

4. Subsection 33 (2) of the Regulation is amended by striking out “pro forma” and substituting “forecasted”.

5. This Regulation comes into force on the day it is filed.

 

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