O. Reg. 240/15: TAX MATTERS - TRANSITION RATIOS AND AVERAGE TRANSITION RATIOS, Filed August 7, 2015 under TAX MATTERS - TIME LIMITS FOR 2005 UNDER SECTIONS 308, 308.1, 310, 311, 314, 329.1 AND 362 OF THE ACT
ontario regulation 240/15
made under the
Municipal Act, 2001
Made: July 20, 2015
Filed: August 7, 2015
Published on e-Laws: August 7, 2015
Printed in The Ontario Gazette: August 22, 2015
Amending O. Reg. 385/98
(TAX MATTERS - TRANSITION RATIOS AND AVERAGE TRANSITION RATIOS)
1. Ontario Regulation 385/98 is amended by adding the following section:
15. Despite sections 9 to 12, for the City of Orillia, the 2015 transition ratio for the industrial property class is 1.916554, the 2015 transition ratio for the large industrial property class is 1.916554 and the average transition ratio for the industrial property class is 1.916554.
Commencement
2. This Regulation comes into force on the day it is filed.
Charles Sousa
Minister of Finance
Date made: July 20, 2015.