Ontario Regulation 15/22 made under the City of Toronto Act, 2006 Made: January 7, 2022 Filed: January 18, 2022 Published on e-Laws: January 18, 2022 Printed in The Ontario Gazette: February 5, 2022 Amending O. Reg. 121/07 (TRADITIONAL MUNICIPAL TAXES, LIMITS AND COLLECTION) 1. Subsection 16 (3) of Ontario Regulation 121/07 is revoked and the following substituted: (3) In sections 17 to 20, “specified subclass” means any subclass of real property prescribed under paragraph 2 or 3 of subsection 8 (1) of the Assessment Act or subsection 8 (1.1) of that Act. 2. Paragraph 1 of section 17.1 of the Regulation is revoked and the following substituted: 1. Determine the percentage of the property that each of the following portions of the property represents: i. The portion in a specified subclass, except that if there are portions in more than one type of specified subclass, a separate percentage shall be determined for each of the types of specified subclass. ii. The portion that is not in a specified subclass. 3. Subsection 18 (3) of the Regulation is amended by, (a) striking out “the excess land subclass or the vacant land subclass” and substituting “a specified subclass”; and (b) adding “or 278.1” after “278”. 4. (1) Paragraph 7 of subsection 19 (1) of the Regulation is amended by striking out “the excess land subclass or the vacant land subclass and a reduction applied to the tax rates applicable to the property in the previous year under section 278 of the Act or section 257.7 of the Education Act” at the end of the portion before subparagraph i and substituting “a specified subclass”. (2) Subparagraph 7 i of subsection 19 (1) of the Regulation is amended by adding “or 278.1” after “278”. (3) Subsection 19 (6) of the Regulation is amended by adding “or 278.1” after “278”. Commencement 5. This Regulation comes into force on the later of January 1, 2022 and the day it is filed. Made by: Peter Bethlenfalvy Minister of Finance Date made: January 7, 2022