jswizzle3737/ontario_laws_and_regs huggingface dataset:
First Share Issuance
1. For the purposes of subsection 23 (7) of the Act,  (a) the prescribed service manager to whom the prescribed number of common shares of a local housing corporation are deemed to be issued is the service manager whose name is shown in Column 2 of Schedule 1 opposite the name of the local housing corporation in Column 1; and (b) the prescribed number of common shares is 100. O. Reg. 644/00, s. 1. Provincial Accountability Rules
Provincial Accountability Rules
2. (1) The housing programs listed in Schedule 2 are prescribed for the purposes of subsection 32 (5) of the Act. O. Reg. 644/00, s. 2 (1). (2) Sections 3 to 6 apply only with respect to housing projects operated under housing programs listed in Schedule 2. O. Reg. 644/00, s. 2 (2).
Provincial Accountability Rules
3. (1) A related service manager shall, with respect to housing projects owned, leased or administered by a local housing corporation,  (a) provide the local housing corporation with sufficient funding to enable it to, (i) maintain the housing it owns in a good state of repair and appearance and in sound structural condition, and (ii) make that housing available to eligible households; (b) provide the local housing corporation with sufficient funding to enable it to make payments on any mortgage that is transferred to it under section 34 of the Act; and (c) provide the local housing corporation with sufficient funding and any other support the service manager considers appropriate to enable the corporation to comply with subsection 43 (1) of the Act. O. Reg. 644/00, s. 3 (1). (2) A local housing corporation shall make all required payments on a mortgage referred to in clause (1) (b). O. Reg. 644/00, s. 3 (2).
Provincial Accountability Rules
4. A local housing corporation shall, (a) carry on its business and exercise its powers only with respect to the matters set out in its Articles of Incorporation; (b) maintain accurate records and accounts of all its transactions; (c) give the related service manager and persons designated by the related service manager access to the corporation’s financial and other records at all reasonable times; (d) submit reports to the related service manager at the times and containing the information specified by the related service manager; and (e) comply with any recorded information schedule of the local housing authority from which the records were transferred to it by transfer order or otherwise. O. Reg. 644/00, s. 4.
Provincial Accountability Rules
5. (1) A local housing corporation shall, (a) ensure that its employees are knowledgeable about all policies, procedures, standards and objectives that concern their duties; (b) periodically inspect all buildings that it owns containing residential units, and all residential units in those buildings, and shall take all necessary measures to ensure that they are maintained in a good state of repair and appearance and in sound structural condition; and (c) on or before the date specified by the related service manager, submit to the related service manager a proposed budget in respect of the following calendar year containing such information as the related service manager may from time to time require. O. Reg. 644/00, s. 5 (1). (2) A local housing corporation shall not, (a) alter the number of modified units without the related service manager’s written permission; or (b) enter into a rent supplement agreement with respect to a vacant unit unless the unit has been inspected for damage and is fit for habitation. O. Reg. 644/00, s. 5 (2). (3) A rent supplement agreement that is entered into under a rent supplement program named in Schedule 3 shall, unless it is in the form approved by the Minister, terminate on its date of renewal and be replaced by a new rent supplement agreement in the form approved by the Minister. O. Reg. 644/00, s. 5 (3). (4) A new rent supplement agreement that is entered into under a rent supplement program not named in Schedule 3 shall not come into force until it has been reviewed and approved in writing by the related service manager. O. Reg. 644/00, s. 5 (4). (5) All communication with respect to policy matters between the local housing corporation and the related service manager shall take place between the managing director of the corporation or, if it does not have a managing director, a director nominated by the board of directors, and a person nominated by the related service manager. O. Reg. 644/00, s. 5 (5). (6) All communication with respect to operational matters between the local housing corporation and the related service manager shall take place between the general manager of the corporation or, if it does not have a general manager, another officer of the corporation holding an equivalent position or nominated by the board of directors, and a person nominated by the related service manager. O. Reg. 644/00, s. 5 (6). (7) The related service manager may amend, delete or add to any of the rules set out in this section by giving the local housing corporation notice in writing of the change, but the change does not become effective until the corporation has received the notice. O. Reg. 644/00, s. 5 (7).
Provincial Accountability Rules
6. (1) If an interest in a housing project referred to in subsection 3 (1) is subsequently transferred to another housing provider under paragraph 3 of subsection 50 (2) of the Act, sections 3 to 5 apply to the other housing provider, with necessary modifications, but only with respect to that housing project. O. Reg. 644/00, s. 6 (1). (2) If a local housing corporation amalgamates with another corporation in accordance with clause 26 (1) (a) or (b) or subsection 26 (2) of the Act, sections 3 to 5 apply to the other corporation, with necessary modifications, but only with respect to the housing projects referred to in subsection 3 (1). O. Reg. 644/00, s. 6 (2).