(1) The Lieutenant Governor in Council may make regulations,
(a) prescribing the infrastructure purposes for which the Corporation may provide financing to municipalities and eligible public organizations referred to in paragraph 1 of subsection 4 (1);
(b) prescribing public sector organizations for the purposes of paragraph 5 of subsection 4 (1);
(c) prescribing the purposes for which the Corporation may provide services and advice related to real property for the purposes of paragraph 5 of subsection 4 (1);
(d) prescribing activities for the purposes of paragraph 10 of subsection 4 (1);
(e) prescribing conditions for the purposes of subsection 4 (2) relating to eligible public organizations;
(f) prescribing not-for-profit organizations that benefit the public as eligible public organizations for the purposes of paragraph 8 of subsection 4 (2);
(g) prescribing co-operatives within the meaning of the Co-operative Corporations Act that benefit the public as eligible public organizations for the purposes of paragraph 9 of subsection 4 (2);
(h) prescribing dates after which an organization described in paragraph 10 of subsection 4 (2) is no longer eligible to receive financing;
(i) prescribing the number of board members of the Corporation for the purposes of subsection 9 (1);
(j) prescribing the provisions of the Corporations Act, the Business Corporations Act, the Corporations Information Act and the Loan and Trust Corporations Act that apply with respect to the Corporation for the purposes of section 11 and prescribing such modifications of those provisions as the Lieutenant Governor in Council considers necessary or advisable;
Note: On the later of the day Schedule 25 (Ministry of Energy Act, 2011) to the Better Tomorrow for Ontario Act (Budget Measures), 2011 comes into force and the day subsection 4 (1) of the Not - for - Profit Corporations Act, 2010 comes into force, clause (j) is amended by striking out "Corporations Act" and substituting "Not - for - Profit Corporations Act, 2010". See: 2011, c. 9, Sched. 32, ss. 37, 40 (2). |
(k) prescribing information to be included in the annual report of the Corporation and the manner in which the information is to be presented;
(l) governing such transitional matters as the Lieutenant Governor in Council considers necessary or advisable to facilitate the implementation of this Act;
(m) governing such other matters as the Lieutenant Governor in Council considers necessary or advisable for the purposes of this Act. 2011, c. 9, Sched. 32, s. 36 (1).
Same
(2) The Lieutenant Governor in Council may make regulations amending any regulation, whether made by the Lieutenant Governor in Council or a Minister, as the Lieutenant Governor in Council considers necessary or advisable as a consequence of,
(a) the amalgamation of the Ontario Realty Corporation, the Ontario Infrastructure Projects Corporation and the Stadium Corporation of Ontario Limited to continue as the Ontario Infrastructure and Lands Corporation; or
(b) the repeal of the Ministry of Energy and Infrastructure Act, the enactment of the Ministry of Energy Act, 2011 and the Ministry of Infrastructure Act, 2011 and the amendments to the Ministry of Government Services Act. 2011, c. 9, Sched. 32, s. 36 (2).