ONTARIO REGULATION 137/00

made under the

EDUCATION aCT

Made: February 16, 2000
Filed: February 18, 2000

Amending O. Reg. 471/97

(Eligible Investments)

1. Ontario Regulation 471/97 is amended by adding the following section:

5.1 A board shall not invest money from its general fund, its capital fund or a reserve fund in a security unless,

(a) the money is made repayable on or before the day on which the board requires the money; or

(b) any interest or other earnings from the investment are credited to the fund from which the money was invested.