O. Reg. 91/18: REAL PROPERTY OWNED BY ONTARIO POWER GENERATION, Filed March 8, 2018 under Trillium Trust Act, 2014, S.O. 2014, c. 7, Sched. 32
ontario regulation 91/18
made under the
Trillium Trust Act, 2014
Made: February 6, 2018
Approved: March 7, 2018
Filed: March 8, 2018
Published on e-Laws: March 9, 2018
Printed in The Ontario Gazette: March 24, 2018
Real Property Owned by Ontario Power Generation INC.
Application
1. This Regulation applies with respect to real property owned by Ontario Power Generation Inc. mentioned in paragraph 4 of subsection 3 (1) of the Act.
Amount to be credited
2. For the purposes of section 6 of the Act, the following amount in connection with the disposition of the assets is to be credited to the Trillium Trust promptly after this section comes into force:
1. $283,273,808, being 100 per cent of the designated proceeds of disposition, as determined under section 4 of the Act.
Designated proceeds of disposition — s. 4 of the Act
3. For the purpose of paragraph 2 of section 4 of the Act, $100,223,855 is prescribed as the amount of costs incurred by Ontario Power Generation Inc. in connection with the disposition.
Commencement
4. This Regulation comes into force on the day it is filed.
Made by:
Pris par :
Treasury Board:
Le Conseil du Trésor :
eleanor Mcmahon
Helen Angus
Secretary
Date made:February 6, 2018
Pris le : 6 février 2018