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O. Reg. 556/06: GENERAL


Published: 2006-12-14

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ontario regulation 556/06

made under the

ontario drug benefit act

Made: December 13, 2006
Filed: December 14, 2006
Published on e-Laws: December 15, 2006
Printed in The Ontario Gazette: December 30, 2006


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) and by adding the following clause:

(b.1) information evidencing the annual amount of income from the Universal Child Care Benefit program of the Government of Canada 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 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;

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 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;

4. This Regulation comes into force on January 1, 2007.