O. Reg. 193/21: ASSET MANAGEMENT PLANNING FOR MUNICIPAL INFRASTRUCTURE
filed March 15, 2021 under Infrastructure for Jobs and Prosperity Act, 2015, S.O. 2015, c. 15
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made under the
Infrastructure for Jobs and Prosperity Act, 2015
Made: March 11, 2021
Filed: March 15, 2021
Published on e-Laws: March 15, 2021
Printed in The Ontario Gazette: April 3, 2021
Amending O. Reg. 588/17
(ASSET MANAGEMENT PLANNING FOR MUNICIPAL INFRASTRUCTURE)
1. Subsection 5 (1) of Ontario Regulation 588/17 is revoked and the following substituted:
(1) Every municipality shall prepare an asset management plan in respect of its core municipal infrastructure assets on or before July 1, 2022, and in respect of all of its other municipal infrastructure assets on or before July 1, 2024.
2. (1) Subsection 6 (1) of the Regulation is amended by striking out “by July 1, 2024” in the portion before paragraph 1 and substituting “on or before July 1, 2025”.
(2) Subsection 6 (2) of the Regulation is revoked and the following substituted:
(2) With respect to an asset management plan prepared under section 5 on or before July 1, 2022, if the additional information required under this section is not included before July 1, 2024, the municipality shall, before including the additional information, update the current levels of service set out under paragraph 1 of subsection 5 (2) and the current performance measures set out under paragraph 2 of subsection 5 (2) based on data from the two most recent calendar years.
Commencement
3. This Regulation comes into force on the day it is filed.