O. Reg. 262/17: TAX MATTERS - TRANSITION RATIOS AND AVERAGE TRANSITION RATIOS, Filed July 5, 2017 under TAX MATTERS - TIME LIMITS FOR 2005 UNDER SECTIONS 308, 308.1, 310, 311, 314, 329.1 AND 362 OF THE ACT
ontario regulation 262/17
made under the
Municipal Act, 2001
Made: July 5, 2017
Filed: July 5, 2017
Published on e-Laws: July 5, 2017
Printed in The Ontario Gazette: July 22, 2017
Amending O. Reg. 385/98
(TAX MATTERS - TRANSITION RATIOS AND AVERAGE TRANSITION RATIOS)
1. Section 10 of Ontario Regulation 385/98 is revoked and the following substituted:
10. For the 2017 taxation year, the transition ratio for the new multi-residential property class in a municipality is 1.0.
2. Section 10.1 of the Regulation is revoked.
3. Paragraph 1 of section 11 of the Regulation is amended by striking out “section 10.2” and substituting “sections 10 and 10.2”.
Commencement
4. This Regulation comes into force on the day it is filed.
Le ministre des Finances,
Charles Sousa
Minister of Finance
Date made: July 5, 2017
Pris le : 5 juillet 2017