O. Reg. 418/02: GENERAL

 

ontario regulation 418/02

made under the

assessment act

Made: December 20, 2002
Filed: December 20, 2002
Printed in The Ontario Gazette: January 4, 2003

Amending O. Reg. 282/98

(General)

Note: Since the end of 2001, Ontario Regulation 282/98 has been amended by Ontario Regulation 45/02 and 127/02.  Previous amendments are listed in the Table of Regulations published in The Ontario Gazette dated January 19, 2002.

1. Ontario Regulation 282/98 is amended by adding the following section:

41.1 (1) For the purposes of determining the assessed value of a pipe line in a right-of-way or easement for the 1998 or a subsequent taxation year, the rate in the Table under this Part that would otherwise apply for the year to the pipe line shall be reduced by 25 per cent of that rate, if the pipe line is not the primary pipe line in the right-of-way or easement.

(2) A pipe line is a primary pipe line in a right-of-way or easement for a taxation year for the purposes of this section if,

(a) it is one of two or more pipe lines occupying the right-of-way or easement in the year; and

(b) it would have the highest assessed value of all the pipe lines in the right-of-way or easement, if the assessed values of the pipe lines were computed for the year without reference to this section. 

(3) If two or more pipe lines occupying a right-of-way or easement would have the same assessed value for a taxation year if this section did not apply and that assessed value is the highest or the only assessed value for all pipe lines occupying that right-of-way or easement in that year, the primary pipe line in the right-of-way or easement shall be the pipe line that was first in use.

2. The Regulation is amended by adding the following section:

42.1 (1) For the 2003 taxation year, 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 10, 11 or 12 of this Part.  Table 10 applies to offshore pipe lines.  Table 11 applies to plastic field gathering pipe lines and plastic gas distribution pipe lines.  Table 12 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 13 for offshore pipe lines and in Table 14 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 10, 11 or 12 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 10

OFFSHORE PIPE LINES

 

Table 11

PLASTIC FIELD GATHERING PIPE LINES AND
PLASTIC GAS DISTRIBUTION PIPE LINES

 

Table 12

PIPE LINES OTHER THAN PIPE LINES
TO WHICH TABLE 10 OR 11 APPLies

 

Table 13

DEPRECIATION RATES — OFFSHORE PIPE LINES

 

Table 14

PIPE LINES OTHER THAN PIPE LINES
TO WHICH TABLE 13 APPLIES

Year of Installation of Pipe Line	Percentage Reduction
1933 or earlier	80
1934	79
1935	78
1936	78
1937	78
1938	76
1939	76
1940	75
1941	75
1942	74
1943	73
1944	73
1945	73
1946	71
1947	71
1948	70
1949	69
1950	69
1951	68
1952	68
1953	67
1954	66
1955	65
1956	65
1957	64
1958	64
1959	63
1960	62
1961	61
1962	61
1963	60
1964	60
1965	59
1966	58
1967	57
1968	57
1969	56
1970	56
1971	55
1972	55
1973	54
1974	53
1975	52
1976	52
1977	51
1978	50
1979	49
1980	47
1981	44
1982	42
1983	40
1984	37
1985	35
1986	32
1987	30
1988	27
1989	24
1990	22
1991	20
1992	18
1993	16
1994	14
1995	12
1996	10
1997	8
1998	8
1999	7
2000	4
2001	2
2002	0

4. (1) Subject to subsection (2), this Regulation comes into force on the day it is filed.

(2) Section 1 shall be deemed to have come into force on January 1, 1998. 

Janet Ecker

Minister of Finance

Dated on December 20, 2002.