Part II - Ontario Heritage Trust

Introduction to Part II

Part II of the Ontario Heritage Act sets out the objects and powers of the Ontario Heritage Trust.  

Prior to Bill 60, the Ontario Heritage Trust was named the Ontario Heritage Foundation.  Bill 60 also made several amendments in relation to the administration and powers of the Ontario Heritage Trust, including:

  • changes to subsection 5(5) to allow directors of the Trust to be able to hold successive three-year terms of office;
  • changes to section 8 and the circumstances in which Ministerial approval is required with respect to the making of by-laws by the directors of the Trust;
  • changes to section 10 to allow the Trust to carry out certain activities without first obtaining the approval of the Minister; and
  • changes to section 23 so that the register of properties maintained by the Trust could include properties that have not been designated under the Act if the Minister is of the opinion that the properties are of cultural heritage value or interest.

Annotated Act - Sections 4 to 23.1

PART II
ONTARIO HERITAGE TRUST

 

Click here to expand all subsections below or click on the individual subsection to expand/collapse the detailed analysis for that subsection
  1. 4. DEFINITION, PART II

  2. 5(1) ONTARIO HERITAGE TRUST

  3. 5(2) COMPOSITION OF TRUST

  4. 5(3) BOARD TO MANAGE AFFAIRS OF TRUST

  5. 5(4) CHAIR

  6. 5(5) TERM OF OFFICE

  7. 5(6) QUORUM

  8. 5(7) VACANCY

  9. 6. NON-APPLICATION OF CORPORATIONS ACT

  10. 7. OBJECTS OF TRUST

  11. 8(1) BY-LAWS

  12. 8(2) SAME

  13. 9. POWERS OF TRUST

  14. 10(1) FURTHER POWERS OF TRUST

  15. 10(2) MINISTER’S APPROVAL FOR SALE OF TRUST PROPERTY

  16. 10(3) MINISTER’S RIGHT TO EXERCISE TRUST’S POWERS

  17. 11(1) CROWN AGENCY

  18. 11(2) PROPERTY

  19. 12(1) GENERAL FUND

  20. 12(2) OPERATING EXPENDITURES

  21. 13(1) RESERVE FUND

  22. 13(2) INCOME

  23. 13(3) CAPITAL EXPENDITURES

  24. 14(1) NO REMUNERATION FOR BOARD MEMBERS

  25. 14(2) SAME

  26. 15. EXEMPTION FROM TAXATION

  27. 16. AUDIT

  28. 17. GRANTS

  29. 18. GUARANTEE OF LOANS

  30. 19. FORM OF GUARANTEE

  31. 20. PAYMENT OF GUARANTEE

  32. 21(1) ANNUAL REPORT

  33. 21(2) SAME

  34. 21(3) SAME

  35. 21.1 TABLING OF ANNUAL REPORT

  36. 21.2 OTHER REPORTS

  37. 22(1) EASEMENTS AND COVENANTS

  38. 22(2) IDEM

  39. 22(3) ASSIGNMENTS

  40. 22(4) CONFLICT

  41. 23. REGISTER

  42. 23(1) TRANSITION


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