O. Reg. 124/07: TAX MATTERS - TAXATION OF CERTAIN RAILWAY, POWER UTILITY LANDS, Filed March 28, 2007 under Municipal Act, 2001, S.O. 2001, c. 25
ontario regulation 124/07
made under the
municipal act, 2001
Made: March 28, 2007
Filed: March 28, 2007
Published on e-Laws: March 29, 2007
Printed in The Ontario Gazette: April 14, 2007
Amending O. Reg. 387/98
(Tax Matters — Taxation of Certain Railway, Power Utility Lands)
1. Sections 2, 2.1, 2.2, 2.3, 2.4, 2.5 and 2.6 of Ontario Regulation 387/98 are revoked.
2. Subsection 3 (2) of the Regulation is revoked.
3. Table 1 of the Regulation is amended by striking out,
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Geographic areas as described in subsection 315 (6) of the Act |
Rates of tax for land described in paragraphs 1 and 2 of subsection 315 (1) of the Act — expressed as dollars per acre |
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|
|
Paragraph 1 (Railway rights-of-way) |
Paragraph 2 (Electrical corridors) |
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|
1. |
The City of Toronto and the regional municipalities of Durham, Halton, Peel and York |
611.33 |
834.02 |
and substituting,
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Item |
Column 1 |
Column 2 |
Column 3 |
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|
Geographic area described in subs. 315 (6) of the Act |
Tax rate for land described in para. 1 of subs. 315 (1) of the Act (railway rights-of-way), expressed as dollars per acre |
Tax rate for land described in para. 2 of subs. 315 (1) of the Act (electrical corridors), expressed as dollars per acre |
|
1. |
The regional municipalities of Durham, Halton, Peel and York |
611.33 |
834.02 |
4. Tables 2 to 21 of the Regulation are revoked.
Made by:
Gregory Sorbara
Minister of Finance
Date made: March 28, 2007.
