O. Reg. 339/11: TAX MATTERS - TRANSITION RATIOS AND AVERAGE TRANSITION RATIOS, Filed July 21, 2011 under TAX MATTERS - TIME LIMITS FOR 2005 UNDER SECTIONS 308, 308.1, 310, 311, 314, 329.1 AND 362 OF THE ACT

 

ontario regulation 339/11

made under the

municipal act, 2001

Made: July 19, 2011
Filed: July 21, 2011
Published on e-Laws: July 22, 2011
Printed in The Ontario Gazette: August 6, 2011

Amending O. Reg. 385/98

(Tax Matters — Transition Ratios and Average Transition Ratios)

1. (1) The definition of “previous year” in section 0.1 of Ontario Regulation 385/98 is revoked and the following substituted:

“previous year” means the taxation year immediately preceding the qualifying taxation year;

(2) The definition of “qualifying taxation year” in section 0.1 of the Regulation is revoked and the following substituted:

“qualifying taxation year” means the 2011 taxation year;

Commencement

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

Made by:

Dwight Douglas Duncan

Minister of Finance

Date made: July 19, 2011.