O. Reg. 397/03: GENERAL

 

ontario regulation 397/03

made under the

Assessment Act

Made: November 19, 2003
Filed: November 20, 2003
Printed in The Ontario Gazette: December 6, 2003

Amending O. Reg. 282/98

(General)

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

42.2 (1) For the 2004 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 15, 16 or 17 of this Part.  Table 15 applies to offshore pipe lines.  Table 16 applies to plastic field gathering pipe lines and plastic gas distribution pipe lines.  Table 17 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 18 for offshore pipe lines and in Table 19 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 15, 16 or 17 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.

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

TABLE 15
OFFSHORE PIPE LINES

Outside Diameter (in inches)	Rate (in dollars per foot)
1	2.97
1.25 to 1.5	5.04
2 to 2.5	8.21
3	11.92
4 to 4.5	13.36
5 to 5⅝	14.68
6 to less than 8	17.49
8	24.91

Table 16
PLASTIC FIELD GATHERING PIPE LINES AND PLASTIC GAS DISTRIBUTION PIPE LINES

Outside Diameter (in inches)	Rate (in dollars per foot)
0.5	2.60
1	3.13
1.25 to 1.5	3.66
2 to 2.5	4.72
3	7.58
4 to 4.5	9.12
6 to less than 8	19.40
8	24.22

Table 17
PIPE LINES OTHER THAN PIPE LINES TO WHICH TABLE 15 OR 16 APPLies

Outside Diameter (in inches)	Rate (in dollars per foot)
0.75 to 1	7.74
1.25 to 1.5	9.17
2 to 2.5	10.81
3	15.48
4 to 4.5	18.02
5 to 55/8	20.56
6 to 65/8	23.21
8	29.94
10	35.40
12	45.42
14	55.54
16	72.87
18	87.07
20	96.56
22	114.42
24	135.24
26	151.78
28	178.12
30	189.03
32	220.09
34	242.40
36	262.17
38	284.90
40	305.94
42	334.24
44	367.41
46	400.85
48	419.46

 

Table 18
DEPRECIATION RATES — OFFSHORE PIPE LINES

Year of Installation of Pipe Line	Percentage Reduction
1972 or earlier	80
1973	79
1974	78
1975	76
1976	75
1977	73
1978	72
1979	71
1980	70
1981	68
1982	67
1983	66
1984	65
1985	63
1986	62
1987	61
1988	59
1989	57
1990	57
1991	56
1992	54
1993	52
1994	51
1995	49
1996	44
1997	39
1998	33
1999	27
2000	21
2001	15
2002	10
2003	5
2004	0

 

Table 19
PIPE LINES OTHER THAN PIPE LINES TO WHICH TABLE 18 APPLIES

Year of Installation of Pipe Line	Percentage Reduction
1935 or earlier	80
1936	79
1937	78
1938	78
1939	78
1940	76
1941	76
1942	75
1943	75
1944	74
1945	73
1946	73
1947	73
1948	71
1949	71
1950	70
1951	69
1952	69
1953	68
1954	68
1955	67
1956	66
1957	65
1958	65
1959	64
1960	64
1961	63
1962	62
1963	61
1964	61
1965	60
1966	60
1967	59
1968	58
1969	57
1970	57
1971	56
1972	56
1973	55
1974	55
1975	54
1976	53
1977	52
1978	52
1979	51
1980	50
1981	49
1982	47
1983	44
1984	42
1985	40
1986	37
1987	35
1988	32
1989	30
1990	27
1991	24
1992	22
1993	20
1994	18
1995	16
1996	14
1997	12
1998	10
1999	8
2000	8
2001	7
2002	4
2003	2
2004	0

Made by:

Gregory Sorbara

Minister of Finance

Date made: November 19, 2003.