O. Reg. 606/06: VARIABLE INTEREST RATE DEBENTURES AND FOREIGN CURRENCY BORROWING, Filed December 27, 2006 under TAX MATTERS - TIME LIMITS FOR 2005 UNDER SECTIONS 308, 308.1, 310, 311, 314, 329.1 AND 362 OF THE ACT

 

ontario regulation 606/06

made under the

Municipal Act, 2001

Made: December 21, 2006
Filed: December 27, 2006
Published on e-Laws: December 29, 2006
Printed in The Ontario Gazette: January 13, 2007

Amending O. Reg. 247/01

(Variable Interest Rate Debentures and Foreign Currency Borrowing)

1. Clause 4 (3) (b) of Ontario Regulation 247/01 is revoked and the following substituted:

(b) is no longer in compliance with a rating or requirement under section 6;

2. Clause 11 (4) (b) of the Regulation is revoked and the following substituted:

(b) is no longer in compliance with a rating or requirement under section 10;

3. This Regulation comes into force on the later of the day section 8 of Schedule A to the Municipal Statute Law Amendment Act, 2006 comes into force and the day this Regulation is filed.