O. Reg. 594/17: SMALL BUSINESS PROGRAMS - SUBSECTION 108 (2) OF THE ACT
filed December 29, 2017 under Municipal Act, 2001, S.O. 2001, c. 25
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made under the
Municipal Act, 2001
Made: December 21, 2017
Filed: December 29, 2017
Published on e-Laws: December 29, 2017
Printed in The Ontario Gazette: January 13, 2018
Small Business Programs - subsection 108 (2) of the Act
Prescribed conditions
1. The following are the prescribed conditions that must be met before a municipality establishes a program under paragraph 1 of subsection 108 (2) of the Act:
1. The municipality has consulted with the public about the proposed program.
2. The municipality has adopted and published a business case study in relation to the proposed program, which includes the following:
i. An outline of the anticipated benefits of the proposed program to the municipality.
ii. The anticipated linkages of the proposed program to the municipality’s economic development objectives, including in relation to small business growth and local job development.
iii. An outline of how any assistance to small business included in the proposed program would help achieve the municipality’s economic development objectives.
iv. An outline of how the proposed program would be expected to facilitate the fiscal sustainability of small business through the program after any assistance from the municipality ends.
Commencement
2. This Regulation comes into force on the later of day subsection 8 (2) of Schedule 1 to the Modernizing Ontario’s Municipal Legislation Act, 2017 comes into force and the day this Regulation is filed.
Made by:
Pris par :
Le ministre des Affaires municipales,
Bill Mauro
Minister of Municipal Affairs
Date made: December 21, 2017
Pris le : 21 décembre 2017