ontario regulation 582/17

made under the

City of Toronto Act, 2006

Made: December 20, 2017
Filed: December 21, 2017
Published on e-Laws: December 21, 2017
Printed in The Ontario Gazette: January 6, 2018

Amending O. Reg. 121/07

(TRADITIONAL MUNICIPAL TAXES, LIMITS AND COLLECTION)

1. Ontario Regulation 121/07 is amended by adding the following sections:

Prescribed percentage for 2018, commercial classes

38.1 For the purposes of paragraph 2 of subsection 331 (2) of the Act, the prescribed rebate percentage for property in any of the commercial classes with vacant portions during the period starting July 1, 2017 and ending on June 30, 2018 is 15 per cent.

. . . . .

Rebate program not required after July 1, 2018

45.1 On and after July 1, 2018, the City is not required to have a program to provide tax rebates to owners of property that has vacant portions.

Application deadline for 2018

45.2 An application for a rebate under section 331 of the Act in respect of the 2018 taxation year shall be made on or before September 28, 2018.

Commencement

2. This Regulation is deemed to have come into force on July 1, 2017.

Made by:

Charles Sousa

Minister of Finance

Date made: December 20, 2017