O. Reg. 338/12: GENERAL

Link to law: http://www.ontario.ca/laws/regulation/r12338
Published: 2012-11-05

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ontario regulation 338/12

made under the

Assessment Act

Made: November 5, 2012
Filed: November 5, 2012
Published on e-Laws: November 6, 2012
Printed in The Ontario Gazette: November 24, 2012

Amending O. Reg. 282/98

(GENERAL)

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

41. (1) For the 2013, 2014, 2015 and 2016 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 1, 2 or 3 of Part X.  Table 1 applies to offshore pipe lines.  Table 2 applies to plastic field gathering pipe lines and plastic distribution pipe lines. Table 3 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 4 for offshore pipe lines and in Table 5 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 1, 2 or 3 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.

2. Sections 41.1 and 41.2 of the Regulation are revoked.

3. Part X of the Regulation is revoked and the following substituted:

Part X
Tables re assessment of pipe lines

TABLE 1
OFFSHORE PIPE LINES — 2013 to 2016 taxation years


Outside Diameter (in inches)


Rate (in dollars per foot)




1


4.77




1.25 to 1.5


8.08




2 to 2.5


13.16




3


19.11




4 to 4.5


21.43




5 to 55/8


23.54




6 to less than 8


28.05




8


39.94




Table 2
PLASTIC FIELD GATHERING PIPE LINES AND PLASTIC GAS DISTRIBUTION PIPE LINES — 2013 to 2016 taxation years


Outside Diameter (in inches)


Rate (in dollars per foot)




0.5


4.18




1


5.02




1.25 to 1.5


5.87




2 to 2.5


7.56




3


12.15




4 to 4.5


14.63




6 to less than 8


31.10




8


38.83




Table 3
PIPE LINES OTHER THAN those TO WHICH TABLE 1 OR 2 APPLies — 2013 to 2016 taxation years


Outside Diameter (in inches)


Rate (in dollars per foot)




0.75 to 1.0


12.40




1.25 to 1.5


14.70




2 to 2.5


17.33




3


24.82




4 to 4.5


28.89




5 to 55/8


32.96




6 to 65/8


37.21




8


48.00




10


56.77




12


72.83




14


89.06




16


116.83




18


139.61




20


154.82




22


183.46




24


216.85




26


243.36




28


285.60




30


303.09




32


352.90




34


388.68




36


420.37




38


456.82




40


490.57




42


535.93




44


589.13




46


642.74




48


672.59




Table 4
DEPRECIATION RATES for OFFSHORE PIPE LINES — 2013 to 2016 taxation years


Year of Installation of Pipe Line


Percentage Reduction




1981 or earlier


80




1982


79




1983


78




1984


76




1985


75




1986


73




1987


72




1988


71




1989


70




1990


68




1991


67




1992


66




1993


65




1994


63




1995


62




1996


61




1997


59




1998


57




1999


57




2000


56




2001


54




2002


52




2003


51




2004


49




2005


44




2006


39




2007


33




2008


27




2009


21




2010


15




2011


10




2012


5




2013


0




Table 5
PIPE LINES OTHER THAN those TO WHICH TABLE 4 APPLIES — 2013 to 2016 taxation years


Year of Installation of Pipe Line


Percentage Reduction




1944 or earlier


80




1945


79




1946


78




1947


78




1948


78




1949


76




1950


76




1951


75




1952


75




1953


74




1954


73




1955


73




1956


73




1957


71




1958


71




1959


70




1960


69




1961


69




1962


68




1963


68




1964


67




1965


66




1966


65




1967


65




1968


64




1969


64




1970


63




1971


62




1972


61




1973


61




1974


60




1975


60




1976


59




1977


58




1978


57




1979


57




1980


56




1981


56




1982


55




1983


55




1984


54




1985


53




1986


52




1987


52




1988


51




1989


50




1990


49




1991


47




1992


44




1993


42




1994


40




1995


37




1996


35




1997


32




1998


30




1999


27




2000


24




2001


22




2002


20




2003


18




2004


16




2005


14




2006


12




2007


10




2008


8




2009


8




2010


7




2011


4




2012


2




2013


0




Commencement

4. This Regulation comes into force January 1, 2013.

Made by:

Dwight Douglas duncan

Minister of Finance

Date made: November 5, 2012.