O. Reg. 94/09: GENERAL


Published: 2009-03-12

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ontario regulation 94/09

made under the

ontario drug benefit act

Made: March 4, 2009
Filed: March 12, 2009
Published on e-Laws: March 13, 2009
Printed in The Ontario Gazette: March 28, 2009


Amending O. Reg. 201/96

(General)

1. Subsection 3 (3) of Ontario Regulation 201/96 is amended by striking out “and” at the end of clause (b.1) and by adding the following clause:

(b.2) information evidencing the annual amount of taxable income withdrawn from Canadian Registered Disability Saving Plans as required by the form; and

2. The definition of “annual net income” in subsection 4 (9) of the Regulation is revoked and the following substituted:

“annual net income” means the amount indicated on line 236 of the Notice of Assessment issued under the Income Tax Act (Canada) for the relevant taxation year or, if no Notice of Assessment has been issued, the amount that would appear on that line had the Notice of Assessment been issued, in either case minus both,

(a) the amount of income from the Universal Child Care Benefit program of the Government of Canada that was reported or that should have been reported on line 117 of the relevant Canadian income tax return, and

(b) the amount withdrawn from Canadian Registered Disability Saving Plans that was reported or that should have been reported on line 125 of the relevant Canadian income tax return;

3. The definition of “annual net income” in subsection 20.2 (2) of the Regulation is revoked and the following substituted:

“annual net income” means the amount indicated on line 236 of the Notice of Assessment issued under the Income Tax Act (Canada) for the relevant taxation year or, if no Notice of Assessment has been issued, the amount that would appear on that line had the Notice of Assessment been issued, in either case minus both,

(a) the amount of income from the Universal Child Care Benefit program of the Government of Canada that was reported or that should have been reported on line 117 of the relevant Canadian income tax return, and

(b) the amount withdrawn from Canadian Registered Disability Saving Plans that was reported or that should have been reported on line 125 of the relevant Canadian income tax return;

4. This Regulation shall be deemed to have come into force on December 1, 2008.