O. Reg. 39/25: GENERAL, ASSESSMENT ACT

ontario regulation 39/25

made under the

Assessment Act

Made: April 25, 2025
Filed: April 30, 2025
Published on e-Laws: April 30, 2025
Published in The Ontario Gazette: May 17, 2025

Amending O. Reg. 282/98

(GENERAL)

1. Ontario Regulation 282/98 is amended by adding the following section:

Exceptions to Subsection 33 (1) of the Act

49.1 (1) Subsection 33 (1) of the Act does not apply for the 2023 and 2024 taxation years to the portion of the specified building that would have been exempt from taxation under paragraph 4.0.1 of subsection 3 (1) of the Act if that paragraph, as it reads on January 1, 2025, had applied to the 2023 and 2024 taxation years.

(2) In this section,

“specified building” means the building situated on land located in the City of Hamilton and having the assessment roll number 2518 020 121 50370.

Commencement

2. This Regulation comes into force on the day it is filed.

Made by:
Pris par :

Le ministre des Finances,

Peter Bethlenfalvy

Minister of Finance

Date made: April 25, 2025
Pris le : 25 avril 2025