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O. Reg. 142/24: TRADITIONAL MUNICIPAL TAXES, LIMITS AND COLLECTION

filed March 26, 2024 under City of Toronto Act, 2006, S.O. 2006, c. 11, Sched. A

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ontario regulation 142/24

made under the

City of Toronto Act, 2006

Made: March 22, 2024
Filed: March 26, 2024
Published on e-Laws: March 27, 2024
Published in The Ontario Gazette: April 13, 2024

Amending O. Reg. 121/07

(TRADITIONAL MUNICIPAL TAXES, LIMITS AND COLLECTION)

1. Ontario Regulation 121/07 is amended by adding the following section:

New multi-residential property (municipal reduction) subclass

9.4 For the purposes of clause 278.1 (1) (b) of the Act, the prescribed range for the new multi-residential property (municipal reduction) subclass is between 0 and 35 per cent, inclusive.

Commencement

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

Made by:

Peter Bethlenfalvy

Minister of Finance

Date made: March 22, 2024