O. Reg. 288/12: GENERAL

Link to law: http://www.ontario.ca/laws/regulation/r12288
Published: 2012-09-26

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ontario regulation 288/12

made under the

Assessment Act

Made: September 25, 2012
Filed: September 26, 2012
Published on e-Laws: September 26, 2012
Printed in The Ontario Gazette: October 13, 2012


Amending O. Reg. 282/98

(GENERAL)

1. (1) Paragraph 7 of subsection 8 (2) of Ontario Regulation 282/98 is amended by striking out “For the 2001 and subsequent taxation years, the person carrying on the farming business” at the beginning and substituting “For the 2001 and subsequent taxation years, other than the 2013 taxation year, the person carrying on the farming business”.

(2) Subsection 8 (2) of the Regulation is amended by adding the following paragraph:

7.1 For the 2013 taxation year, the person carrying on the farming business has an annual gross income from the farming business that is equal to or exceeds the amount prescribed for the purposes of section 2 of the Farm Registration and Farm Organizations Funding Act, 1993.

(3) Paragraph 9 of subsection 8 (2) of the Regulation is amended by striking out “paragraph 7” and substituting “paragraph 7 or 7.1, as the case may be,”

Commencement

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

Made by:

Dwight Douglas Duncan

Minister of Finance

Date made: September 25, 2012.