O. Reg. 672/05: PAYMENTS IN LIEU OF CORPORATE TAXES - MUNICIPAL ELECTRICITY UTILITIES, Filed December 29, 2005 under Electricity Act, 1998, S.O. 1998, c. 15, Sched. A
ontario regulation 672/05
made under the
Electricity Act, 1998
Made: December 28, 2005
Filed: December 29, 2005
Published on e-Laws: December 30, 2005
Printed in The Ontario Gazette: January 14, 2006
Amending O. Reg. 162/01
(Payments in Lieu of Corporate Taxes — Municipal Electricity Utilities)
1. Paragraph 1 of section 4 of Ontario Regulation 162/01 is revoked and the following substituted:
1. Sections 150 to 180 and 220 to 244 of the Federal Act do not apply.
2. Paragraphs 6 and 7 of section 12 of the Regulation are amended by striking out “paragraph 3” wherever it appears and substituting in each case “subparagraph 5 ii”.
3. (1) Subject to subsections (2) and (3), this Regulation comes into force on the day it is filed.
(2) Section 1 shall be deemed to have come into force on October 1, 2001.
(3) Section 2 shall be deemed to have come into force on March 28, 2002.
Made by:
Dwight Duncan
Minister of Finance
Date made: December 28, 2005.