ontario regulation 345/17

made under the

Trillium Trust Act, 2014

Made: August 16, 2017
Approved: August 30, 2017
Filed: August 31, 2017
Published on e-Laws: August 31, 2017
Printed in The Ontario Gazette: September 16, 2017

Amending O. Reg. 295/16

(HYDRO ONE LIMITED - VOTING SECURITIES)

1. Ontario Regulation 295/16 is amended by adding the following section:

Same, loan in respect of purchase price

2.1 (1) This section applies with respect to voting securities that were disposed of on or after November 4, 2015 and before November 19, 2015 for which the Province provided a loan in respect of the purchase price.

(2) Each year, the Trillium Trust shall be credited with 100 per cent of the designated proceeds of disposition recognized by the Crown during the previous fiscal year, being the amount representing the portion of the deferred gain from the disposition that was recognized by the Crown during that previous fiscal year, as disclosed in the Public Accounts for that previous fiscal year.

Commencement

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

Made by:
Pris par :

Treasury Board:
Le Conseil du Trésor :

Liz Sandals

President of Treasury Board

Helen Angus

Secretary of Treasury Board

Date made:August 16, 2017
Pris le : 16 août 2017