O. Reg. 679/00: GENERAL

 

ontario regulation 679/00

made under the

Assessment act

Made: December 20, 2000
Filed: December 21, 2000

Amending O. Reg. 282/98

(General)

1. (1) The subheading immediately preceding section 41 of Ontario Regulation 282/98 is struck out.

(2) Subsection 41 (1) of the Regulation is amended by inserting “For the 1998, 1999 and 2000 taxation years” at the beginning.

2. (1) The subheading immediately preceding section 42 of the Regulation is struck out.

(2) Section 42 of the Regulation is revoked and the following substituted:

42. (1) For the 2001 and 2002 taxation years, the assessed value of a pipe line shall be determined as follows:

1. The length of the pipe line in feet shall be multiplied by the applicable rate in Table 5, 6 or 7 of this Part.  Table 5 applies to offshore pipe lines.  Table 6 applies to plastic field gathering pipe lines and plastic gas distribution pipe lines.  Table 7 applies to other pipe lines.

2. The amount determined under paragraph 1 shall be depreciated by reducing the amount by the applicable percentage in Table 8 for offshore pipe lines and in Table 9 for plastic field gathering pipe lines, plastic gas distribution pipe lines and other pipe lines.

3. After the reduction under paragraph 2, $250 shall be added for each connection to an end user.

(2) If Table 5, 6 or 7 applies, but the outside diameter of the pipe line is not included in the Table, the applicable rate for the purposes of paragraph 1 of subsection (1) is the rate for the closest outside diameter or range of outside diameter that is included in the Table.

3. Part VIII of the Regulation is amended by adding the following Tables:

TABLE 5
OFFSHORE PIPE LINES

 

Outside Diameter (in inches)	Rate (in dollars per foot)
1	2.4
1 ¼ to 1 ½	4.05
2 to 2.5	6.6
3	10.55
4 to 4.5	13.80
5 to 5 5/8	17.60
6 to less than 8	21.25
8	30.1

TABLE 6
PLASTIC FIELD GATHERING PIPE LINES AND PLASTIC GAS DISTRIBUTION PIPE LINES

 

Outside Diameter (in inches)	Rate (in dollars per foot)
0.5	2.1
1	2.55
1 ¼ to 1 ½	2.95
2 to 2.5	3.8
3	6.1
4 to 4.5	7.35
6 to less than 8	15.6
8	19.45

TABLE 7
PIPE LINES OTHER THAN PIPE LINES TO WHICH TABLE 5 OR 6 APPLY

 

Outside Diameter (in inches)	Rate (in dollars per foot)
¾ to 1.0	6.25
1 ¼  to 1 ½	7.4
2 to 2 ½	8.7
3	12.45
4 to 4 ½	14.5
5 to 5 5/8	16.55
6 to 6 5/8	18.65
8	24.05
10	28.45
12	36.5
14	44.6
16	58.55
18	69.95
20	77.55
22	91.9
24	108.6
26	121.90
28	143.05
30	151.8
32	176.75
34	194.65
36	210.55
38	228.8
40	245.7
42	268.4
44	295.05
46	321.9
48	336.85

TABLE 8
DEPRECIATION RATES OFFSHORE PIPE LINES

 

Year of Installation of Pipe Line	Percentage Reduction
1968 or earlier	80
1969	79
1970	78
1971	76
1972	75
1973	73
1974	72
1975	71
1976	70
1977	68
1978	67
1979	66
1980	65
1981	63
1982	62
1983	61
1984	59
1985	57
1986	57
1987	56
1988	54
1989	52
1990	51
1991	49
1992	44
1993	39
1994	33
1995	27
1996	21
1997	15
1998	10
1999	5
2000	0

TABLE 9
PIPE LINES OTHER THAN PIPE LINES TO WHICH TABLE 8 APPLIES

 

Year of Installation of Pipe Line	Percentage Reduction
1928 or earlier	80
1929	80
1930	79
1931	78
1932	78
1933	77
1934	76
1935	76
1936	75
1937	75
1938	74
1939	74
1940	73
1941	72
1942	71
1943	71
1944	70
1945	70
1946	69
1947	69
1948	68
1949	67
1950	66
1951	66
1952	65
1953	65
1954	64
1955	63
1956	62
1957	62
1958	61
1959	61
1960	60
1961	59
1962	58
1963	58
1964	57
1965	57
1966	56
1967	56
1968	55
1969	54
1970	53
1971	53
1972	52
1973	51
1974	50
1975	79
1976	47
1977	45
1978	42
1979	40
1980	37
1981	35
1982	32
1983	30
1984	27
1985	25
1986	22
1987	20
1988	18
1989	16
1990	14
1991	12
1992	10
1993	9
1994	7
1995	6
1996	4
1997	3
1998	2
1999	1
2000	0

 

Ernie Eves

Minister of Finance

Dated on December 20, 2000.