jswizzle3737/ontario_laws_and_regs huggingface dataset:
Designation
1. The Regional Municipality of Peel is designated for 2001 for the purposes of section 364 of the Act. O. Reg. 503/01, s. 1.
Delegation
2. (1) If The Regional Municipality of Peel passes a by-law under section 364 of the Act delegating the authority to establish tax ratios for 2001 to its lower-tier municipalities, a lower-tier municipality shall, for 2001, (a) use the tax ratios it establishes to calculate, with respect to each local municipality levy of the lower-tier municipality under section 368 of the Act, a separate tax rate on the assessment in each property class in the lower-tier municipality rateable for purposes of the local municipality levy; (b) establish and levy, with respect to each upper-tier levy of The Regional Municipality of Peel under section 366 of the Act, a separate tax rate on the assessment in each property class in the lower-tier municipality rateable for purposes of the upper-tier levy sufficient to raise the lower-tier municipality’s portion of the upper-tier levy calculated under section 3. O. Reg. 503/01, s. 2 (1). (2) The tax rates the lower-tier municipality establishes under clause (1) (b) must be in the same proportion to each other as the tax ratios established by the lower-tier municipality for the property classes are to each other. O. Reg. 503/01, s. 2 (2). (3) Subsections 366 (4.1) to (4.4) and (16.1) to (16.4) of the Act apply with necessary modifications to the tax rates established by the lower-tier municipality under clause (1) (b) as if the lower-tier municipality were an upper-tier municipality. O. Reg. 503/01, s. 2 (3). (4) An upper-tier levy by-law of The Regional Municipality of Peel under section 366 of the Act shall set out a lower-tier municipality’s portion of an upper-tier levy calculated under section 3 and shall not establish tax rates to be levied by the lower-tier municipality to raise the lower-tier municipality’s portion. O. Reg. 503/01, s. 2 (4).
Portion to be raised
3. For the purposes of the upper-tier levy or any special upper-tier levy of The Regional Municipality of Peel under section 366 of the Act, the portion to be raised in each lower-tier municipality shall be as follows: Mississauga 66.2551% Brampton 28.6511% Caledon 5.0938% O. Reg. 503/01, s. 3.
Date extended
4. The last day for making a designation under subsection 364 (4) of the Act is extended to the day this regulation is filed. O. Reg. 503/01, s. 4.
Date by-law in force
5. A by-law of a lower-tier municipality of The Regional Municipality of Peel under subsection 364 (1) of the Act establishing tax ratios for 2001 is deemed to have come into force on the day it was passed. O. Reg. 503/01, s. 5.