O. Reg. 278/01: GENERAL
filed July 18, 2001 under Assessment Act, R.S.O. 1990, c. A.31Skip to content
ONTARIO regulation 278/01
made under the
Made: July 17, 2001
Filed: July 18, 2001
Printed in The Ontario Gazette: August 4, 2001
Amending O. Reg. 282/98
Note: Since the end of 2000, Ontario Regulation 282/98 has been amended by Ontario Regulations 54/01 and 62/01. Previous amendments are listed in the Table of Regulations published in The Ontario Gazette dated January 20, 2001.
1. Ontario Regulation 282/98 is amended by adding the following section:
New Residential Unit — Exempt Portion
45.2 For the purposes of paragraph 22 of subsection 3 (1) of the Act, the prescribed portion of a new residential unit described in that paragraph is 10 per cent of the assessment of the unit.
James M. Flaherty
Minister of Finance
Dated on July 17, 2001.