ontario regulation 265/07

made under the

City of toronto act, 2006

Made: June 13, 2007
Filed: June 15, 2007
Published on e-Laws: June 18, 2007
Printed in The Ontario Gazette: June 30, 2007

Amending O. Reg. 610/06

(Financial Activities)

1. Section 3 of Ontario Regulation 610/06 is revoked and the following substituted:

Long-term borrowing

3. The City may for its purposes borrow money to obtain or provide long-term financing for any capital work by,

(a) issuing debentures;

(b) issuing revenue bonds;

(c) entering bank loan agreements.

2. This Regulation comes into force on the day it is filed.