O. Reg. 366/10: Education Development Charges - General


Published: 2010-09-15

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ontario regulation 366/10

made under the

Education Act

Made: September 1, 2010
Filed: September 15, 2010
Published on e-Laws: September 17, 2010
Printed in The Ontario Gazette: October 2, 2010


Amending O. Reg. 20/98

(Education Development Charges — General)

1. Paragraph 5 of section 7 of Ontario Regulation 20/98 is amended by striking out “reserve fund” and substituting “account”.

2. Subparagraph 2 iii of section 10 of the Regulation is amended by striking out “reserve fund” and substituting “account”.

3. The heading preceding section 16 of the Regulation is amended by striking out “Reserve Fund” and substituting “Account”.

4. (1) Subsection 16 (1) of the Regulation is amended by striking out “reserve fund” and substituting “account”.

(2) Subsection 16 (2) of the Regulation is amended by striking out “reserve fund” in the portion before clause (a) and substituting “account”.

(3) Clause 16 (2) (d) of the Regulation is amended by striking out “reserve fund” and substituting “account”.

5. (1) Subsection 16.1 (1) of the Regulation is revoked and the following substituted:

(1) If paragraph 4 of section 6.1 of Ontario Regulation 193/10 (Restricted Purpose Revenues) made under the Act applies to the proceeds of a sale, lease or other disposition of real property by a board, the board shall establish an education development charge account.

(2) Subsection 16.1 (2) of the Regulation is amended by striking out “reserve fund” in the portion before paragraph 1 and substituting “account”.

6. Clause 18 (2) (b) of the Regulation is amended by striking out “reserve fund” and substituting “account”.

7. (1) The definition of “M” in paragraph 3 of subsection 23 (3) of the Regulation is amended by striking out “reserve funds” and substituting “accounts”.

(2) Paragraph 1 of subsection 23 (4) of the Regulation is amended by striking out “reserve fund” wherever it occurs and substituting in each case “account”.

(3) Paragraph 2 of subsection 23 (4) of the Regulation is amended by striking out “reserve funds” and substituting “accounts”.

(4) Subsection 23 (5) of the Regulation is amended by striking out “reserve fund” in the portion before the formula and substituting “account”.

(5) The definition of “J” in subsection 23 (5) of the Regulation is amended by striking out “reserve funds” and substituting “accounts”.

(6) Subsection 23 (6) of the Regulation is amended by striking out “reserve fund” in the portion before clause (a) and substituting “account”.

(7) Subsection 23 (6.0.1) of the Regulation is amended by striking out “reserve fund” in the portion before clause (a) and substituting “account”.

(8) Subsection 23 (6.1) of the Regulation is amended by striking out “reserve funds” and substituting “accounts”.

(9) Subsection 23 (6.2) of the Regulation is amended by striking out “reserve funds” wherever it occurs and substituting in each case “accounts”.

(10) Subsection 23 (7) of the Regulation is revoked.

8. This Regulation comes into force on the later of September 1, 2010 and the day this Regulation is filed.

 

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