O. Reg. 43/21: GENERAL
filed February 3, 2021 under Assessment Act, R.S.O. 1990, c. A.31
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made under the
Assessment Act
Made: February 2, 2021
Filed: February 3, 2021
Published on e-Laws: February 3, 2021
Printed in The Ontario Gazette: February 20, 2021
Amending O. Reg. 282/98
(GENERAL)
1. (1) Paragraph 7 of subsection 8 (2) of Ontario Regulation 282/98 is amended by striking out “For the 2001 and subsequent taxation years” at the beginning and substituting “For the taxation years 2001 to 2020, inclusive”.
(2) Subsection 8 (2) of the Regulation is amended by adding the following paragraph:
8. For the 2021 and subsequent taxation years, the person carrying on the farming business was issued, in the year before the taxation year, a farming business registration number under the Farm Registration and Farm Organizations Funding Act, 1993 or a registration number under that Act as it read on December 31, 2020, unless,
i. an order has been made under section 22 of that Act that the person is not required to obtain a farming business registration number, or
ii. an order has been made under section 22 of that Act, as it read on December 31, 2020, that the person was not required to obtain a registration number.
(3) Paragraph 9 of subsection 8 (2) of the Regulation is amended by striking out “paragraph 7 or 7.1” and substituting “paragraph 7, 7.1 or 8”.
(4) The definition of “annual gross income” in subsection 8 (6) of the Regulation is amended by striking out “subsection 1 (2) of Ontario Regulation 723/93 under” and substituting “Ontario Regulation 782/20 (Determining Farm Income) made under”.
2. The definition of “Administrator” in section 33 of the Regulation is amended by adding “and Forestry” after “Natural Resources” wherever it appears.
3. The definition of “Administrator” in section 37 of the Regulation is amended by adding “and Forestry” after “Natural Resources” wherever it appears.
4. Section 43 of the Regulation is amended by striking out “personally or by mail”.
Commencement
5. (1) Subject to subsection (2), this Regulation comes into force on the day it is filed.
(2) Section 1 is deemed to have come into force on January 1, 2021.
Made by:
Pris par :
Le ministre des Finances,
Peter Bethlenfalvy
Minister of Finance
Date made: February 2, 2021
Pris le : 2 février 2021