Regulation to Amend Regulation 90 of the Revised Regulations of Ontario, 1990 Made under the Commodity Futures Act

REGULATION TO AMEND REGULATION 90 OF THE REVISED REGULATIONS OF ONTARIO, 1990 MADE UNDER THE COMMODITY FUTURES ACT

Note: Since the end of 1998, Regulation 90 has been amended by Ontario Regulation 109/00. Previous amendments are listed in the Table of Regulations in the Statutes of Ontario, 1998.

1. Schedule 1 to Regulation 90 of the Revised Regulations of Ontario, 1990 is amended by adding the following section:

1.1 (1) This section applies with respect to fees that become payable under this Schedule or under a rule on or after June 26, 2000.

(2) The amount of the fee that is otherwise payable under this Schedule or under a rule is reduced by 20 per cent.

(3) For the purposes of subsection (2), the amount of the fee that is otherwise payable is to be determined without reference to Directive No. 1 (Reduction of All Fees) issued under the Act by the Commission on May 4, 1999.

2. This Regulation comes into force on June 26, 2000.