PART IX FINANCE
Regulations
257.101 (1) The Lieutenant Governor in Council may make regulations that may have general or particular application in respect of a board, (a) prescribing any matter that is referred to as prescribed in this Division; (a.1) governing any terms, conditions and limitations that may be imposed on the allocation of revenue raised by charges imposed by an education development charge by-law towards an alternative project or that must be included in a localized education development agreement; (b) for the purposes of clause 257.54 (3) (b), prescribing classes of residential buildings, prescribing the maximum number of additional dwelling units, not exceeding two, for buildings in such classes, prescribing restrictions and governing what constitutes a separate building; (c) defining or clarifying “gross floor area” and “existing industrial building” for the purposes of this Division; (d) dividing the area of the jurisdiction of a board into two or more prescribed regions for the purposes of section 257.57; (e) governing the expiry of education development charge by-laws; (f) for the purposes of clause 257.63 (1) (b), subsection 257.64 (2), clause 257.72 (a) and subsection 257.73 (2), governing notices referred to in those provisions; (g) prescribing modifications to the application of sections 257.81 to 257.91 in the circumstances set out in section 257.93; (h) prescribing information to be included in monthly reports under section 257.97 and prescribing the period that each report must cover; (i) prescribing the interest rate or a method for determining the interest rate that shall be paid under subsections 257.69 (3) and 257.90 (2); (j) prescribing the minimum interest rate or a method for determining the minimum interest rate that boards shall pay under section 257.99; (k) governing education development charge accounts, including, (i) governing the establishment and administration of such accounts, (ii) the use of money from such accounts, (iii) requiring the approval of the Minister in respect of the manner in which or the rate at which the money is withdrawn from such accounts; (l) requiring the approval of the Minister to any factor, criterion, rate, amount, portion, estimate or project used in determining an education development charge; (m) prescribing the manner of calculating or determining education development charges and prescribing classes of persons that may make determinations necessary for the calculation of education development charges; (n) providing for the sharing of proceeds where more than one board establishes education development charges in respect of the same area; (o) prescribing information that boards must provide to other boards and to the Minister for the purposes of developing education development charges under this Division; (p) prescribing the terms of agreements for credit in lieu of payment of education development charges, determining the amount of the credit and governing the allocation of the credit between or among boards; (q) requiring a board to exempt an owner from an educational development charge if the owner meets the prescribed conditions; (r) requiring boards to give notice of the particulars of education development charge by-laws that are in force, in the manner, and to the persons, prescribed in the regulations; (s) requiring boards to prepare and distribute pamphlets to explain their education development charge by-laws and governing the preparation of such pamphlets and their distribution by boards and others. (t) providing for any transitional matters the Lieutenant Governor in Council considers necessary or advisable in connection with the implementation of the amendments to this Division made by Schedule 4 to the More Homes, More Choice Act, 2019. 1997, c. 31, s. 113 (5); 2002, c. 17, Sched. F, Table; 2006, c. 32, Sched. C, s. 15 (34); 2009, c. 34, Sched. I, s. 20; 2019, c. 9, Sched. 4, s. 7 (1, 2). Forms (2) Regulations under subsection (1) may require the use of forms approved by the Minister.  1997, c. 31, s. 113 (5). Regulations, transition (3) A regulation made under clause (1) (t) may provide that it applies despite this Act. 2019, c. 9, Sched. 4, s. 7 (3). Section Amendments with date in force (d/m/y) 1997, c. 31, s. 113 (5) - 01/02/1998 2002, c. 17, Sched. F, Table - 01/01/2003 2006, c. 32, Sched. C, s. 15 (34) - 01/01/2007 2009, c. 34, Sched. I, s. 20 - 01/09/2010 2019, c. 9, Sched. 4, s. 7 (1-3) - 01/11/2019 Transitional Provisions