ontario regulation 492/18
made under the
Private Career Colleges Act, 2005
Made: December 5, 2018
Filed: December 7, 2018
Published on e-Laws: December 7, 2018
Printed in The Ontario Gazette: December 22, 2018
Amending O. Reg. 415/06
(GENERAL)
1. Paragraph 16 of subsection 3 (1) of Ontario Regulation 415/06 is revoked.
2. Section 6 of the Regulation is revoked and the following substituted:
Trust account
6. A private career college that was required by this section, as it read on December 31, 2018, to hold fees in a trust account may withdraw or disburse any remaining funds held in the trust account.
3. Paragraph 3 of subsection 9 (1) of the Regulation is amended by striking out “$1,000” and substituting “$2,000”.
4. Subsection 44 (4) of the Regulation is revoked.
Commencement
5. This Regulation comes into force on the later of January 1, 2019 and the day it is filed.