In-year surplus and in-year deficit: 2012-2013
 2.3 (1) For the purposes of the determination of a board’s in-year surplus or in-year deficit for the 2012-2013 fiscal year, the amount determined as follows shall be excluded: 1. Calculate the amount payable by the board on the last day of the 2011-2012 fiscal year in respect of retirement benefits and post-employment benefits for the things described in subclause 177 (1) (a) (ii) of the Act for employees of the board. 2. Calculate the amount payable by the board on the last day of the 2012-2013 fiscal year in respect of retirement benefits and post-employment benefits for the things described in subclause 177 (1) (a) (ii) of the Act for employees of the board. 3. Subtract the amount determined under paragraph 1 from the amount determined under paragraph 2. 4. Multiply the amount determined under paragraph 3 by 0.75.  O. Reg. 137/12, s. 2; O. Reg. 271/12, s. 1 (1, 2). (2) For the purposes of the determination of a board’s in-year surplus or in-year deficit for the 2012-2013 fiscal year, the amount determined under subsection 2.2 (3) for the 2011-2012 fiscal year shall be included.  O. Reg. 137/12, s. 2. (3) For the purposes of the determination of a board’s in-year surplus or in-year deficit for the 2012-2013 fiscal year, the amount determined as follows shall be included: 1. Take the portion of the amount described in paragraph 4 of subsection 1 (1), determined as of the last day of the 2009-2010 fiscal year, that is in respect of compensated absences and sick leave credit gratuities for employees of the board. 2. Add the portion of the amount determined under paragraph 4 of subsection 2 (1) for the 2010-2011 fiscal year that is in respect of compensated absences and sick leave credit gratuities for employees of the board. 3. Add the portion of the amount determined under subsection 2.2 (1) for the 2011-2012 fiscal year that is in respect of compensated absences and sick leave credit gratuities for employees of the board. 4. Determine the expected average remaining service life of the employees of the board who are entitled to compensated absences or sick leave credit gratuities, determined as of the first day of the 2012-2013 fiscal year. 5. Divide the result determined under paragraph 3 by the number determined under paragraph 4. 6. Take either of the following amounts: i. The amount determined under paragraph 5. ii. An amount selected by the board, and reported to the Minister, that is greater than the amount determined under paragraph 5 but does not exceed the amount determined under paragraph 3.  O. Reg. 137/12, s. 2; O. Reg. 271/12, s. 1 (3). (4) For the purposes of the determination of a board’s in-year surplus or in-year deficit for the 2012-2013 fiscal year, the amount determined as follows shall be included: 1. Take the portion of the amount described in paragraph 4 of subsection 1 (1), determined as of the last day of the 2009-2010 fiscal year, that is in respect of retirement benefits and post-employment benefits for the things described in subclauses 177 (1) (a) (i) and (iii) of the Act for employees of the board. 2. Add the portion of the amount determined under paragraph 4 of subsection 2 (1) for the 2010-2011 fiscal year that is in respect of retirement benefits and post-employment benefits for the things described in subclauses 177 (1) (a) (i) and (iii) of the Act for employees of the board. 3. Add the portion of the amount determined under subsection 2.2 (1) for the 2011-2012 fiscal year that is in respect of retirement benefits and post-employment benefits for the things described in subclauses 177 (1) (a) (i) and (iii) of the Act for employees of the board. 4. Multiply the amount determined under paragraph 3 by 0.1. 5. Take either of the following amounts: i. The amount determined under paragraph 4. ii. An amount selected by the board, and reported to the Minister, that is greater than the amount determined under paragraph 4 but does not exceed the amount determined under paragraph 3.  O. Reg. 271/12, s. 1 (4). 2.4 Revoked: O. Reg. 220/16, s. 1.