O. Reg. 309/08: GENERAL


Published: 2008-09-09

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Get a Day Pass for only USD$49.99.
 

ontario regulation 309/08

made under the

assessment act

Made: September 8, 2008
Filed: September 9, 2008
Published on e-Laws: September 12, 2008
Printed in The Ontario Gazette: September 27, 2008


Amending O. Reg. 282/98

(General)

1. Section 41 of Ontario Regulation 282/98 is revoked.

2. The Regulation is amended by adding the following section immediately before the heading “Assessed Value of Pipe Line in a Right-of-Way or Easement”:

41.2 (1) For the 2009, 2010, 2011 and 2012 taxation years, the assessed value of a pipe line shall be determined as follows:

1. The length of the pipe line in feet shall be multiplied by the applicable rate in Table 11, 12 or 13 of Part X.  Table 11 applies to offshore pipe lines.  Table 12 applies to plastic field gathering pipe lines and plastic gas distribution pipe lines.  Table 13 applies to other pipe lines.

2. The amount determined under paragraph 1 shall be depreciated by reducing the amount by the applicable percentage in Table 14 for offshore pipe lines and in Table 15 for plastic field gathering pipe lines, plastic gas distribution pipe lines and other pipe lines.

3. After the reduction under paragraph 2, $250 shall be added for each connection to an end user.

(2) If Table 11, 12 or 13 applies, but the outside diameter of the pipe line is not included in the Table, the applicable rate for the purposes of paragraph 1 of subsection (1) is the rate for the closest outside diameter or range of outside diameter that is included in the Table.

3. (1) Tables 1, 2, 3, 4 and 5 in Part X of the Regulation are revoked.

(2) Part X of the Regulation is amended by adding the following Tables:

TABLE 11
OFFSHORE PIPE LINES — 2009 to 2012 taxation years


Outside Diameter (in inches)


Rate (in dollars per foot)




1


3.97




1.25 to 1.5


6.73




2 to 2.5


10.96




3


15.92




4 to 4.5


17.85




5 to 55/8


19.61




6 to less than 8


23.37




8


33.27




Table 12
PLASTIC FIELD GATHERING PIPE LINES AND PLASTIC GAS DISTRIBUTION PIPE LINES — 2009 to 2012 taxation years


Outside Diameter (in inches)


Rate (in dollars per foot)




0.5


3.48




1


4.18




1.25 to 1.5


4.89




2 to 2.5


6.30




3


10.12




4 to 4.5


12.19




6 to less than 8


25.91




8


32.35




Table 13
PIPE LINES OTHER THAN those TO WHICH TABLE 11 OR 12 APPLies — 2009 to 2012 taxation years


Outside Diameter (in inches)


Rate (in dollars per foot)




0.75 to 1.0


10.33




1.25 to 1.5


12.25




2 to 2.5


14.44




3


20.68




4 to 4.5


24.07




5 to 55/8


27.46




6 to 65/8


31.00




8


39.99




10


47.29




12


60.67




14


74.19




16


97.33




18


116.31




20


128.98




22


152.84




24


180.65




26


202.74




28


237.93




30


252.50




32


293.99




34


323.80




36


350.20




38


380.57




40


408.68




42


446.47




44


490.79




46


535.45




48


560.32




Table 14
DEPRECIATION RATES for OFFSHORE PIPE LINES — 2009 to 2012 taxation years


Year of Installation of Pipe Line


Percentage Reduction




1977 or earlier


80




1978


79




1979


78




1980


76




1981


75




1982


73




1983


72




1984


71




1985


70




1986


68




1987


67




1988


66




1989


65




1990


63




1991


62




1992


61




1993


59




1994


57




1995


57




1996


56




1997


54




1998


52




1999


51




2000


49




2001


44




2002


39




2003


33




2004


27




2005


21




2006


15




2007


10




2008


5




2009


0




Table 15
PIPE LINES OTHER THAN those TO WHICH TABLE 14 APPLIES — 2009 to 2012 taxation years


Year of Installation of Pipe Line


Percentage Reduction




1940 or earlier


80




1941


79




1942


78




1943


78




1944


78




1945


76




1946


76




1947


75




1948


75




1949


74




1950


73




1951


73




1952


73




1953


71




1954


71




1955


70




1956


69




1957


69




1958


68




1959


68




1960


67




1961


66




1962


65




1963


65




1964


64




1965


64




1966


63




1967


62




1968


61




1969


61




1970


60




1971


60




1972


59




1973


58




1974


57




1975


57




1976


56




1977


56




1978


55




1979


55




1980


54




1981


53




1982


52




1983


52




1984


51




1985


50




1986


49




1987


47




1988


44




1989


42




1990


40




1991


37




1992


35




1993


32




1994


30




1995


27




1996


24




1997


22




1998


20




1999


18




2000


16




2001


14




2002


12




2003


10




2004


8




2005


8




2006


7




2007


4




2008


2




2009


0




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

Made by:

Dwight Douglas Duncan

Minister of Finance

Date made: September 8, 2008.

 

 

 

Related Laws